Given the following information, determine the gross profit.

Accounts Receivable $ 14,000

Administrative Expenses 31,000

Cost of Goods Sold 142,000

Depreciation Expense 8,000

Income Tax Expense 4,000

Inventory 26,000

Sales 312,000

Selling Expenses 36,000

Wage Expense 75,000

A) $20,000

B) $ 16,000

C) $ 184,000

D) $170,000