The Following Information Is Available for the Weston Consulting Company

Essay

The following information is available for the Weston Consulting Company for the fiscal year ended December 31.
$$\begin{array} { l r r } \text { Gross margin } & \$ 170,000 \\\text { Operating profit } & \$ 65,500 \\\text { Reveruses } & \$ 809,000\\\text { Income tax rate }&34\%\end{array}$$
Required:
(a) Compute the cost of services sold.
(b) Compute the total marketing and administrative costs.
(c) Compute net income.