During $2016,$ Wu Han Co$.$ generated revenues of $$95,000.$ The company's expenses were as follows: cost of goods sold of $$47,000,$ operating expenses of $$16,000$ and a loss on the sale of equipment of $$5,000.$

Wu Han's gross profit is

Select one:

a$.$ $$32,000.$

b$.$ $$27,000.$

c$.$ $$48,000.$

$.$ $$95,000.$