Please provide the solution to this general accounting question using proper accounting principles.

Given the following financial data, determine the gross profit: Sales Revenue: $280,000 Cost of Goods Sold: $135,000 Inventory: $20,000 Accounts Payable: $18,000 Selling Expenses: $40,000 Administrative Expenses: $25,000 Depreciation Expense: $7,000 Income Tax Expense: $6,000 Wage Expense: $65,000 What is the gross profit