Question: I need help solving this general accounting question with the proper methodology. A company's total sales in a year were $3,150,000. The cost price of

I need help solving this general accounting question with the proper methodology.

A company's total sales in a year were $3,150,000. The cost price of goods sold was $2,450,000. Given below are the overheads paid during the year. Calculate the net profit. . Wages = $210,000 . Electricity and gas = $18,500 - Telephone = $2,100 - Rent of premises = $50,000 . Office expenses = $22,000

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