Financial information is presented below: Operating Expenses $\$65,000$
Sales Revenue $220,000$
Cost of Goods Sold $138,000$ Gross profit would be

A) $17000.
B) $82000.
C) $155000.
D) $220000.

Gross Profit

The difference between sales revenue and the cost of goods sold before deducting overhead, payroll, taxes, and interest payments.

Operating Expenses

Costs associated with the day-to-day operations of a business, including rent, utilities, salaries, and office supplies.

Sales Revenue

The income received from selling goods or services over a given period of time before any deductions are made for costs or expenses.