During 2020, Gold Enterprises generated revenues of $250,000. The company's expenses were as follows: cost of goods sold of $150,000, operating expenses of $35,000, a gain on sale of equipment of $12,500, and a loss on the sale of a computer system of $10,000. Gold's gross profit is a. $55,000. b. $65,000. C. $67,500. d. $100,000. Gross Profit Revenue-Cost of Good $ 250,000- 150000 = $ 100,000 Sold