Given the Information in the Table Below,what Is the Company's

question 3

Multiple Choice

Given the information in the table below,what is the company's gross profit? $$\begin{array} { | l | r | } \hline \text { Sales revenue } & \$ 360,000 \\\hline \text { Accounts receivable } & \$ 280,000 \\\hline \text { Ending inventory } & \$ 230,000 \\\hline \text { Cost of goods sold } & \$ 180,000 \\\hline \text { Sales returns } & \$ 50,000 \\\hline \text { Sales discount } & \$ 20,000 \\\hline\end{array}$$

• A)$280,000.
• B)$170,000.
• C)$50,000.
• D)$100,000.

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