Cushman Company Had $800,000 in Sales,sales Discounts of $12,000,sales Returns

Multiple Choice

Cushman Company had $800,000 in sales,sales discounts of $12,000,sales returns and allowances of $18,000,cost of goods sold of $380,000,and $275,000 in operating expenses.Gross profit equals:

A) $770,000.
B) $115,000.
C) $390,000.
D) $402,000.
E) $408,000.