Refer to the following trial balance. Credit Cash Accounts Receivable Inventory Supplies Land Accounts Payable Notes Payable Song, Capital Song, Withdrawals Debit $5,000 12,000 18,000 5,000 130,000 $3,000 23,000 121,000 2,000 160,000 Sales Revenue Cost of Goods Sold Salaries Expense Utilities Expense Rent Expense Interest Expense Totals 83,000 5,000 24,000 19,000 4,000 $307,000 $307,000 How much is the gross profit? A. $160,000 B. $75,000 C. $25,000 D. $77,000