Use the Following Data to Answer Bellow Questions

Multiple Choice

Use the following data to answer bellow Questions
On November 30, 2020, a U.S. company purchased merchandise on credit from a Swiss supplier at an invoice price of CHF1,000, when the exchange rate was $1.05/CHF. On December 31, 2020, the company's year-end, the exchange rate was $1.045/CHF. On February 1, 2021, the company purchased the CHF1,000 for $1.048/CHF and paid the invoice. On March 15, 2021, when the exchange rate was $1.044, the company sold the merchandise to a U.S. customer for $2,000.
-What is the U.S. company's gross margin (sales revenue minus cost of sales) on the March 15, 2021 sale?

A) $950
B) $955
C) $956
D) $952