For the Year Just Ended, Silverstone Company's Sales Revenue Was

Multiple Choice

For the year just ended, Silverstone Company's sales revenue was $450,000. Silverstone's fixed costs were $120,000 and its variable costs amounted to $270,000. For the current year, sales are forecasted at $500,000. If the fixed costs do not change, Silverstone's profits this year will be:

A) $60,000.
B) $80,000.
C) $110,000.
D) $200,000.