General Ledger for ABC Company The following is the general ledger for ABC Company as of December 31, 20X1. Use this information to answer questions (1) through (4) ABC Company General Ledger As of December 31, 20X1 Amount Assets Cash $29,400 Accounts receivable 8,100Supplies 4,900Prepaid rent 20,200Equipment (net) 63,800 Liabilities Accounts payable $ 6,300 4,000 Salaries payable Interest payable 1,100 Utilities payable 3,700 Bonds payable 38,400 Stockholders' equity Common stock $60,9001. What is the amount of gross profit to be reported on ABC Company's 12/31/X1 income statement? O $40,500 O $14,100 O $39,100