Question: The following data include all the elements from Tuche Millinery's income statement: Administrative Expense $225 Cost of Goods Sold 252 Gain on Sale of

The following data include all the elements from Tuche Millinery's income statement: Administrative Expense $225 Cost of Goods Sold 252 Gain on Sale of Securities 47 Income Tax Expense 52 Loss on Discontinued Operations 38 86 Loss on Disposal of Equipment Revenue 872 Selling Expense 124 What is the amount of gross profit for Tuche Millinery? A. $271 B. $620 C. $395 D. $496

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