The following information pertains to Bright Toy Companysoperating activities for 2012. The company sells light box toys andsold 10000 units in 2012. Purchases $ 126000 Selling andAdministrative Expenses 90000 Merchandise inventory 1/1/201214000 Merchandise inventory 12/31/2012 10000 Sales Revenue250000 What is the gross profit for 2012? $120000$130000$140000$136000None of these is correct
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