Financial Information for Gill Company Is Presented Below Gross Profit Would Be
A) $51,200

Financial information for Gill Company is presented below: $\begin{array}{lr}\text { Operating Expenses } & \$ 92,800 \\\text { Sales Returns and Allowances } & 18,000 \\\text { Sales Discounts } & 12,000 \\\text { Sales Revenue } & 350,000 \\\text { Cost of Goods Sold } & 176,000\end{array}$ Gross profit would be

A) $51,200.
B) $144,000.
C) $156,000.
D) $174,000.