The unadjusted trial balance for Copter Inc. for the most recent year is shown below.
|Unadjusted Trial Balance||DEBIT||CREDIT|
|Cost of Goods Sold||\$150,000|
|Salaries & Wages Expense||\$100,000|
|Other Operating Expenses||\$40,000|
What is the amount of profit or loss before adjusting entries are booked for the period?