XYZ Company shows the following balances. Calculate Gross Profit. a) $600,000 b) $500,000 C) $400,000 d) $300,000

XYZ Company shows the following balances. Calculate Gross Profit. Sales Sales Returns and Allowances Sales Discounts Cost of Goods Sold Operating Expenses C) a) $600,000 C) b) $500,000 o c) $400,000 C) d) S300,ooo 175,000 25,000 600,000 100,000