Assume Baja Company has the following account balances

Assume Baja Company has the following account balances: Sales $ 545,257, Sales Returns and Allowances $15,164, Cost of Goods Sold $345,653, Selling Expenses $ 69,843, and Administrative Expenses $40,940. Compute the following:
(a) Net sales $530,093
(b) Gross Profits $184,440
(c) Income from operations $143,500
(d) Gross profit rate 34.8%

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