The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the companys adjusted trial balance. Accounts Payable $ 11,000 Accounts Receivable 21,000 Inventory 22,000 Advertising Expense 17,000 Cost of Goods Sold 129,000 Delivery Expense 7,000 Income Tax Expense 3,900 Insurance Expense 1,000 Rent Expense 16,000 Sales Revenue 260,000 Sales Discounts 10,000 Sales Returns & Allowances 34,000 Gross profit would be: Multiple Choice $80,000. $83,900. $120,000. $87,000