A company has net sales of $861,000 and cost of goods sold of $571,000. Its net income is $102,900. The company's gross margin and operating expenses, respectively, are:
$290,000 and $384,700
$290,000 and $187,100
$290,000 and $102,900
$187,100 and $102,900
$673,900 and $187,10