denali rsquo s gross profit is equal to 604274

Denali Limited, a manufacturing company, had the following income statement information:

Revenue	$4,000,000
Cost of goods sold	$3,000,000
Other operating expenses	$500,000
Interest expense	$100,000
Tax expense	$120,000

Denali’s gross profit is equal to

a. $280,000.

b. $500,000.

c. $1,000,000.