Refer to the Following Trial Balance How Much Is the Gross Profit?
A) $103,000
B) $95,000

Refer to the following trial balance. $\begin{array}{|l|c|c|}\hline \text { Cash } & \$ 6,000 & \\\hline \text { Accounts Receivable } & 15,000 & \\\hline \text { Inventory } & 20,000 & \\\hline \text { Supplies } & 4,000 & \\\hline \text { Land } & 120,000 & \\\hline \text { Accounts Payable } & & \$ 6,000 \\\hline \text { Notes Payable } & & 22,000 \\\hline \text { Common Stock } & & 81,000 \\\hline \text { Retained Earnings } & & 12,000 \\\hline \text { Dividends } & 3,000 & \\\hline \text { Sales Revenue } & & 180,000 \\\hline \text { Sales Discounts Forfeited } & & 4,000 \\\hline \text { Cost of Goods Sold } & 81,000 & \\\hline \text { Delivery Expense } & 6,000 & \\\hline \text { Salaries Expense } & 5,000 & \\\hline \text { Utilities Expense } & 23,000 & \\\hline \text { Rent Expense } & 20,000 & \\\hline \text { Interest Expense } & 2,000 & \\\hline\text {Total} & \$ 305,000 & \$ 305,000 \\\hline\end{array}$ How much is the gross profit?

A) $103,000
B) $95,000
C) $97,000
D) $99,000