Sales $450,000 Operating Expenses $85,000 Cost of Goods Sold $320,000 Sales Discounts $10,000 Given the information above, gross profit and profit from operations are: Select one: a. $120,000 and $35,000, respectively. b. $120,000 and $355,000, respectively. c. $130,000 and $35,000, respectively. d. $130,000 and $355,000, respectively.