A company had the following results for the year:

It achieved revenue of $2,500,000

It incurred operating expenses of $2,750,000

It spent $200,000 on a new piece of equipment

It borrowed $450,000 to fill the shortfall

How would you describe the companys results?

Group of answer choices

a) profit of $200,000

b) profit of $50,000

c) no profit, no loss

d) loss of $50,000

e) loss of $250,000

f) loss of $450,000