Answer the Following Questions Using the Information Below -What Is the Gross Margin for 2015?
A) $163,000
B)

Answer the following questions using the information below:
$\begin{array}{lr}\text { Beginuing finished goods, 1/1/2015 } & \$ 92,000 \\\text { Ending finished goods, 12/31/2015 } & 75,000 \\\text { Cost of goods sold } & 300,000 \\\text { Sales revenue } & 450,000 \\\text { Operating expenses } & 95,000\end{array}$
-What is the gross margin for 2015?

A) $163,000
B) $177,000
C) $170,000
D) $167,000