12. For 2017, Johnson Company had actual total variable costs of $200,000 and fixed costs of $400,000. If the company's break-even sales level for the year had been $500,000, what was the actual amount of profit or (loss) before taxes in 2017? A. $1,000,000 B. ($200,000) C. $100,000 D. $400,000 E. $0