On January 1 , Standard Manufacturing had a beginning balance in Work - in - Process Inventory of $81,000 and a beginning balance in Finished Goods Inventory of $20,000. During the year, Standard incurred manufacturing costs of $351,000. During the year, the following transactions occurred: Job A-12 was completed for a total cost of $124,000 and was sold for $127,000. Job A - 13 was completed for a total cost of $203,000 and was sold for $212,000. Job A - 15 was completed for a total cost $61,000 but was not sold as of year - end. The Manufacturing Overhead account had an unadjusted credif balance of $13,000 and was adjusted to zero at year-end. What was the amount of gross profit reported by Standard at the end of the year? A. $25,000 B. $9,000 C. $3,000 D. $12,000