Nike Reported a Profit of $28,951,000 for One Quarter (3

Multiple Choice

Nike reported a profit of $28,951,000 for one quarter (3 months) , a profit of $20,570,000 for the second quarter, a profit of $15,342,000 the third quarter, and a loss of $48,037,000 for the fourth quarter. What was the net profit for the year?

A) $-92,900,000
B) $-16,826,000
C) $92,900,000
D) $16,826,000