A company had sales of $392,000 and its gross profit was $165,000. Its cost of goods sold equals: (Points : 1) $165,000 $(227,00) $227,000 $392,000 $557,000 Answer $227,000

A company had sales of $392,000 and its gross profit was $165,000. Its cost of goods sold equals:
(Points : 1)
      $165,000
      $(227,00)
      $227,000
      $392,000
      $557,000
Answer
$227,000