For Manufacturer M, the cost C of producing X Units of its product per month is given by C = k X + t, where C is in dollars and k and t are constants. Last month if Manufacturer M produced 1,000 units of its product and sold all the units for k + 60 dollars each, what was Manufacturer M's gross profit on the 1,000 units?

(1) Last month, Manufacturer M's revenue from the sale of the 1,000 units was 150,000.

(2) Manufacturer M's cost of producing 500 Units in a month is 45,000 less than its cost of producing 1,000 units in a month.


OA E