At January 1, 2012, Feldstein Manufacturing Company Had a Beginning

At January 1, 2012, Feldstein Manufacturing Company had a beginning balance in Work in process of $80,000 and a beginning balance in Finished goods of $20,000. During the year, Feldstein incurred
Manufacturing costs of $350,000.
During the year, the following transactions occurred:
Job A-12, was completed for a total cost of $120,000, and was sold for $125,000.
Job A-13, was completed for a total cost of $200,000, and was sold for $210,000.
Job A-15, was completed for a total cost $60,000, but was not sold as of year-end.
The Manufacturing overhead account had a preliminary credit balance of $12,000, and was cleared to zero at year-end.
What was the amount of gross profit reported by Feldstein at the end of the year?

A) $2,000
B) $27,000
C) $3,000
D) $15,000