Using the information below, calculate gross profit for the period.
sales revenues for the period $1,214,000
operating expenses for the period $230,000
finished goods inventory, january 1 35,100
finished goods inventory, december 31 40,100
cost of goods manufactured for the period $495,000
answers: (a) $729,000.(b) $724,000.(c) $485,000.(d) $490,000.(e) $413,800.

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