The following information is available for Gonzalez Manufacturing Company for the month ending March 31, 2010:

Cost of goods manufactured .........$240,000

Selling expenses .............. 76,500

Administrative expenses .......... 40,500

Sales ................... 486,000

Finished goods inventory, March 1 ....... 54,000

Finished goods inventory, March 31 ..... 50,000

For the month ended March 31, 2010, determine Gonzalez’s

a. Cost of goods sold,

b. Gross profit, and

c. Net income.