Find (a) the gross profit, (b) the net income before taxes, and (c) the net income after taxes.MidState Machinery has a cost of goods sold of
operating expenses of
taxes of
and net sales of 
A. (a) $52,000 (b) $85,000 (c)$73,700
B. (a) $198,000 (b) $85,000 (c)$73,700
C. (a) $146,000 (b) $85,000 (c)$73,700
D. (a) $52,000 (b) $146,000 (c)$134,700
Answer: C
Mathematics
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