It costs Homer's Manufacturing $0.75 to produce baseballs and Homer sells them for $5 apiece. Homer pays a sales commission of 5% of sales revenue to his sales staff. Homer also pays $14,000 a month rent for his factory and store, and also pays $76,000 a month to his staff in addition to the commissions. Homer sold 69,500 baseballs in June. If Homer prepares a traditional income statement for the month of June, what would be his gross profit? O A. $52,125 O B. $205,375 OC. $347,500 OD. $295,375