Sales Revenue Is $367,810 While Sales Returns and Allowances and Sales

Multiple Choice

Sales revenue is $367,810 while sales returns and allowances and sales discounts total $24,180.The cost of goods sold is $216,490,operating and other expenses are $28,500,and the company pays $31,640 in income tax.Which of the following is true?

A) Net sales is $343,630 and gross profit is $98,640.
B) Net sales is $67,000 and gross profit is $98,640.
C) Net sales is $343,630 and gross profit is $127,140.
D) Net sales is $367,810 and gross profit is $67,000.