Use the following information for questions 123-125. During 2008, Salon Enterprises generated revenues of $60,000. The company's expenses were as follows: cost of goods sold of $30,000, operating expenses of $12,000 and a loss on the sale of equipment of $2.000. 123. Salon's gross profit is a. $60,000. b. $30,000 c. $18.000 d. $16,000 124. Salon's income from operations is a. $60,000. b. $30,000 C. $18,000 d. $12,000. Salon's net income is a. $60,000 b. $30,000 C. $18,000 d. $16,000 125