A company had expenses other than cost of goods sold of $290,000. Determine

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sales and gross profit given? cost of goods sold was $142,500 and net income was $147,750.

A. Sales: $580,250; Gross Profit: $437,475.

B. Sales: $581,500; Gross Profit: $437,750.

C. Sales: $290,000; Gross Profit: $437,750.

D. Sales: $580,250; Gross Profit: $437,750.

E. Sales: $580,250; Gross Profit: $142,500.
 
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