Financial Information Is Presented Below Gross Profit Would Be
A) $114,000

Multiple Choice

Financial information is presented below: $$\begin{array} { l r } \text { Operating expenses } & \$ 36,000 \\\text { Sales revenue } & 150,000 \\\text { Cost of goods sold } & 105,000\end{array}$$ Gross profit would be

A) $114,000.
B) $ 36,000.
C) $ 45,000.
D) $ 24,000.