Refer to the Following Trial Balance How Much Is the Gross Profit?
A) $193,000
B) $56,000

Refer to the following trial balance. $\begin{array}{|l|c|c|}\hline& \text { Debit } & \text { Credit } \\\hline \text { Cash } & \$ 19,000 & \\\hline \text { Accounts Receivable } & 40,000 & \\\hline \text { Merchandise Inventory } & 62,000 & \\\hline \text { Supplies } & 17,000 & \\\hline \text { Land } & 310,000 & \\\hline \text { Accounts Payable } & & \$ 3,000 \\\hline \text { Notes Payable } & & 25,000 \\\hline \text { Common Stock } & & 354,000 \\\hline \text { Retained Earnings } & & 21,000 \\\hline \text { Dividends } & 6,000 & \\\hline \text { Sales Revenue } & & 433,000 \\\hline \text { Cost of Goods Sold } & 240,000 & \\\hline \text { Salaries Expense } & 15,000 & \\\hline \text { Utilities Expense } & 67,000 & \\\hline \text { Rent Expense } & 55,000 & \\\hline \text { terest Expense } & 5,000 & \\\hline \text {Totals} & \$ 836,000 & \$ 836,000 \\\hline\end{array}$ How much is the gross profit?

A) $193,000
B) $56,000
C) $51,000
D) $45,000