Question: Please provide the answer to this general accounting question with proper steps. Harper Retail Co. provides the following financial information. Calculate the gross profit. e

Please provide the answer to this general accounting question with proper steps.

Please provide the answer to this general
Harper Retail Co. provides the following financial information. Calculate the gross profit. e Sales revenue: $600,000 e Inventory (beginning): $25,000 e Inventory (ending): $20,000 e Sales returns: $5,000 e Cost of goods sold: $370,000 e Salaries expense: $120,000 e Rent expense: $15,000 e Interest income: $12,000 e Utilities expense: $4,500 e Interest expense: $2,000 e Income tax expense: $18,000

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