ABC Company's accounting records reported the following account balances as of December 31, 2026: Supplies Interest revenue Patent .. Income tax expense $11,000 $46,000 $58,000 $22,000 $86,000 (at Jan. 1, 2026) Retained earnings Equipment $37,000 Accounts payable $29,000 Salaries expense $31,000 Sales revenue $88,000 Cash... $12,000 Land $54,000 Notes payable $70,000 Inventory $49,000 Common stock $97,000 Accounts receivable $33,000 Dividends .. $16,000 Salaries payable ? Cost of goods sold $53,000 Utilities expense $26,000 Trademark ... $57,000 $25,000 Rent revenue Calculate the amount of gross profit reported in ABC Company's 2026 income statement.