Evening Story Corporation has sales of $4,508,780; income tax of $581,700; the selling, general and administrative expenses of $243,502; depreciation of $319,625; cost of goods sold of $2,470,510; and interest expense of $155,522.
Evening Story Corporation has sales of $4,508,780; income tax of $581,700;
the selling, general and administrative expenses of $243,502; depreciation of $319,625; cost of goods sold of $2,470,510; and interest expense of $155,522. Calculate the amount of the firm’s gross profit.
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