Answer:
The correct option is C) $17,200.
Step-by-step explanation:
The amount of Gross Profit shown on the income statement can be calculated as follows:
Net sales revenue = Sales Revenue - Sales Discounts - ales Returns and Allowances = $57,200 - $1,600 - $4,300 = $51,300
Gross profit = Net sales revenue - Cost of Goods Sold = $51,300 - $34,100 = $17,200
Therefore, the correct option is C) $17,200. That is, the amount of Gross Profit shown on the income statement would be $17,200.