Remaining Time: 1 hour, 50 minutes, 40 seconds. Question Completion Status Moving to another question will save this response 12 uestion 12 Manama Company had $700,000 in sales, sales discounts of $20,000, sales returns and allowances of $10,000, cost of goods sold of $300,000, and $200,000 in operating expenses. Gross profit equals: O $230,000 $170,000 O $430,000 O $370,000 DREA & Moving to another question will save this response SMA Question Completion Statu Moving to another question will save the response Question 12 p Manama Company had $700,000 in sales, sales discounts of $20,000, sales retums and allowances of $10,000, cost of goods sold of $300,000, and $200,000 in operating expenses G profit equals O $230,000 O $170,000 $430,000 O $370,000 12 1 & Moving to another question will save the 8