Stephen Company had the following partial list of account balances at year-end:

 Accounts Receivable: $9,000 Cost of Goods Sold: $34,100

Sales Revenue: $57,200 Account Payable: $7,500

Sales Discounts: $1,600 Product Inventory: $5,900

Operating Expenses: $8,400 Sales Returns and Allowances: $4,300

What will be Gross Profit amount shown in the income statement ?

Answer rating: 100% (QA)

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