Washington Warehouse is a small retail business that specializes in the sale of top-of-the-line televisions. This year, the store has begun to carry the Flat TV manufactured by Bass Co. Thus far this year, Washington has recorded the following transactions involving the Flat TV:
5 Jan Purchased 8 Flat TVs at a cost of $14,000
18 Jan Purchased 5 additional Flat TVs at $14,000 each
12 Feb Sold 9 Flat TVs to the Duke Hotel for $153,000

-Refer to the information above. The gross profit on the Flat TVs as of 12 February is:

Question

Washington Warehouse is a small retail business that specializes in the sale of top-of-the-line televisions. This year, the store has begun to carry the Flat TV manufactured by Bass Co. Thus far this year, Washington has recorded the following transactions involving the Flat TV:
5 Jan	 Purchased 8 Flat TVs at a cost of $14,000
18 Jan	 Purchased 5 additional Flat TVs at $14,000 each
12 Feb  Sold 9 Flat TVs to the Duke Hotel for $153,000

-Refer to the information above. The gross profit on the Flat TVs as of 12 February is:

Quizplus · Accepted Answer

The Answer of  Washington Warehouse is a small retail business that specializes in the sale of top-of-the-line televisions. This year, the store has begun to carry the Flat TV manufactured by Bass Co. Thus far this year, Washington has recorded the following transactions involving the Flat TV:
5 Jan	 Purchased 8 Flat TVs at a cost of $14,000
18 Jan	 Purchased 5 additional Flat TVs at $14,000 each
12 Feb  Sold 9 Flat TVs to the Duke Hotel for $153,000

-Refer to the information above. The gross profit on the Flat TVs as of 12 February is:

Washington Warehouse Is a Small Retail Business That Specializes in the Sale