The following information was taken from the accounting records of ABC Company for the period ended January 31, 2003: cost of goods sold ........................ $59,000 sales returns & allowances ................ 14,000 bad debt expense .......................... 10,000 accounts receivable ....................... 40,000 sales revenue ............................. 98,000 allowance for doubtful accounts............ 23,000 Calculate the amount of gross profit for the month of January. Do not use decimals in your answer.