Answer
A, $23196
Explanation:
The cost of goods sold is the difference between the sales and the gross profit amount. We normally calculate Gross profit by deducting Cost of goods sold from the sales amount. However, in this case we will do the reverse working and deduct Gross profit from sales revenue to arrive at cost of goods sold.
Sales - Gross profit = Cost of goods sold
59387 - 36191 = $23196
