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Super Buy reported the following selected amounts on its adjusted trial balance for the most...

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Accounting

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Super Buy reported the following selected amounts on its adjusted trial balance for the most recent quarter: Account Dr. Cr. Inventory $ 35,000 Cost of Goods Sold 700,000 Sales 900,000 Sales Returns and Allowance 5.500 Sales Discounts 1,200 Freight-out 7,500 Super Buy began the quarter with $32,500 in Inventory. Given this information, what amount will Super Buy report as gross profit for the quarter? O $195,800 O $190,800 O $193,300 O $185,800

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