The following information is taken from ABC Company's financial records at year end Dec. 31, 2019. Sales Revenue 125,000 Loss on Sale of vehicle 1,000 Cash 19,000 Advertising Expense 5,000 Gain on sale of land 3,500 Cost of Goods Sold 41,000 Salary Expense 34,000 Retained Earnings (1/1/19) 8,000 Interest Expense 2,000 Accounts Receivable 7,000 Utility Expense 6,000 Inventory 5,000 Common Stock 1,500 Accounts Payable 11,000 Insurance Expense 4,000 Patent 3,000 Unearned Revenue 7,500 Depreciation Expense 5,500 Accumulated Depreciation 20,000 Building 44,000 Determine Income from Operations: O A. $30,000 OB. $29,500 C. $27,500 OD. $70,500 O E. $32,000