Company XYZ made sales of $ 170,000 during 2019. The fixed expenses were $ 90,000 and the variable expenses were $ 50,000. The cost of goods sold was $ 35,000. Calculate the gross margin for XYZ

Select one

: O a. $ 30,000 O b. $ 80,000 O c. $ 135,000 d. None of the answers given O e. $ 120,000 O f. $ 125,000