A company sells gift baskets for $$145\mathrm{.}00.$ The cost to their business for the item is $$56\mathrm{.}00$ with expenses of $33\%$ of the cost. During a clearance sale they sell the baskets at a reduced price of $$89\mathrm{.}00.$ Determine the profit or loss resulting from selling the baskets at this clearance price.

Question $5$ options:

loss of $$70\mathrm{.}52$

loss of $$14\mathrm{.}52$

profit of $$14\mathrm{.}52$

loss of $$33\mathrm{.}00$