Question: please I need answer ASAP! During the current year, merchandise is sold for $147,500 cash and $381,750 on account. The cost of the goods sold

please I need answer ASAP! During the current year, merchandise is

please I need answer ASAP!

During the current year, merchandise is sold for $147,500 cash and $381,750 on account. The cost of the goods sold is $242,000. What is the amount of the gross profit? Oa. $476,250 Ob. $771,250 Oc. $7750 Od $287.250

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