Use the Information Below to Answer the Following Questions

Multiple Choice

Use the information below to answer the following questions.
The accountant from Trigg Traders examined the following report:
Income statement (extract) for year ended 31 December 2016 The accountant of Trigg Traders estimated that the quantity of sales would double in 2017 and the unit cost would increase to
$25.
-Refer to the table above. The projected gross profit for 2017 will be:

A) $100,000
B) $10,000
C) $120,000
D) $110,000