Using the information below, calculate gross profit for the period. Sales revenues for the period Operating expenses for the period Finished Goods Inventory, January 1 Finished Goods Inventory, December 31 Cost of goods manufactured for the period $1,224,000 231,000 35,200 40,200 500,000 Multiple Choice $495,000 $734,000 $490,000 $729.000 SIN $417,600