During 2020, Gold Enterprises generated revenues of $250,000. The company's expenses were as follows: cost of goods sold of $150,000, operating expenses of $35,000, a gain on the sale of equipment of $12,500, and a loss on the sale of a computer system of $10,000.
Gold's gross profit is
a. $55,000.
b. $65,000.
c. $67,500.
d. $100,000.