ABC Company's accounting records reported the following account balances as of December 31, 2026: Accounts payable ? Copyright $44,000 Land $65,000 Cost of goods sold $49,000 Accumulated depreciation $22,000 Notes payable $88,000 Interest revenue $56,000 Building $82,000 Cash $21,000 Dividends $14,000 Income tax expense $26,000 Accounts receivable $29,000 Salaries expense $24,000 Supplies $11,000 Rent expense $13,000 Retained earnings $69,000 (at Jan. 1, 2026) Sales revenue $94,000 Common stock $78,000 Patent $20,000 Salaries payable $19,000 Inventory $73,000 Utilities expense $16,000 Calculate the amount of gross profit reported in ABC Company's 2026 income statement.