For the month of January, Consolidated Engine Parts, Inc, had the following financial information: merchandise inventory, January 1, $322,000; merchandise inventory, January 31,$316,400; gross purchases,$243,460; purchase returns and allowances,$26,880; and freight in $3,430. (A). What are Consolidator’s goods available for sale? (B) What is the cost of goods sold for January? (C). If net sales were $389,450, what was the gross margin for January? (D). If total operating expenses were $179,800, what was the net profit or loss?