Given the information in the table below, what is the company's gross profit?
Sales revenue $ 350,000
Accounts receivable $ 280,000
Ending inventory $ 230,000
Cost of goods sold $ 180,000
Sales returns $ 50,000
Sales discounts $ 20,000
A) $280,000.
B) $170,000.
C) $50,000.
D) $100,000.
Answer: D
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