Calculate operating income-dividends paid

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Use the appropriate information from the data provided below to calculate operating income for the year ended December 31, 2012. Cost of Goods sold ($117,000) General and administrative expenses (48,000) Net Cash provided by financing activities (69,000) Dividends paid (16,000) Extraordinary loss from a flood, net of tax savings of $32,000 (74,000) Income tax expense (11,000) Other selling expenses (26,000) Net sales (278,000) Advertising expense (39,000) Accounts receivable (33,000)

Reference no: EM13793743

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