The Good Light is a store for people who enjoy and collect candles to decorate their homes. Last year its net sales totalled $90,500 with $7,761 in taxes. The value of the candles it sold was $42,300. The only expenses that the operation has are salaries to the owner and one part-time assistant for $27,000, administrative expenses of $400, and
Utilities at $900. Calculate the net profit after tax for The Good Light.
A) $27,661
B) $54,200
C) $12,139
D) $21,142
E) $10,073

Question

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The Answer of The Good Light is a store for people who enjoy and collect candles to decorate their homes. Last year its net sales totalled $90,500 with $7,761 in taxes. The value of the candles it sold was $42,300. The only expenses that the operation has are salaries to the owner and one part-time assistant for $27,000, administrative expenses of $400, and
Utilities at $900. Calculate the net profit after tax for The Good Light.
A) $27,661
B) $54,200
C) $12,139
D) $21,142
E) $10,073

The Good Light Is a Store for People Who Enjoy