Refer to the Following Trial Balance How Much Is the Gross Profit?
A) $79,000
B) $160,000

Refer to the following trial balance. $$\begin{array} { | l | r | r | } \hline & { \text { Debit } } & { \text { Credit } } \\\hline \text { Cash } & \$ 6,000 & \\\hline \text { Accounts Receivable } & 12,000 & \\\hline \text { Inventory } & 17,000 & \\\hline \text { Supplies } & 4,000 & \\\hline \text { Land } & 100,000 & \\\hline \text { Accounts Payable } & & \$ 5,000 \\\hline \text { Notes Payable } & & 25,000 \\\hline \text { Song, Capital } & & 81,000 \\\hline \text { Song, Withdrawals } & 81,000 & \\\hline \text { Sales Revenue } & 6,000 & \\\hline \text { Cost of Goods Sold } & 21,000 & \\\hline \text { Salaries Expense } & 18,000 & \\\hline \text { Utilities Expense } & 4,000 & \\\hline \text { Rent Expense } & \$ 271,000 & \$ 271,000 \\\hline\end{array}$$ How much is the gross profit?

A) $79,000
B) $160,000
C) $77,000
D) $30,000