A cash-basissole proprietorhad the following cash receiptsand disbursementfor the year:

Net sales	$80,000
Cost of goods sold	40,000
Operating expenses	20,000
Employee payroll taxes	3,000
Dividend income	900
Interest income from a personal savings account	200

What is the amount of reported net profit reported on Schedule C? a. $20,000

b. $40,000

c. $17,000

d. $15,000

e. $18,000