A Company Had Expenses Other Than Cost of Goods Sold

Multiple Choice

A company had expenses other than cost of goods sold of $175,000.Determine sales and gross profit given cost of goods sold was $622,000 and net loss was ($41,000) .

A) Sales: $838,000: Gross Profit: $216,000
B) Sales: $756,000: Gross Profit: $134,000
C) Sales: $797,000: Gross Profit: $756,000
D) Sales: $756,000: Gross Profit: $797,000
E) Sales: $134,000: Gross Profit: $216,000