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Compute the companys operating income

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Reference no: EM13501575

Suppose a company has provided the following information.

(a) Cash sales totaled $180,000

(b) Credit sales totaled $330,000

(c) Interest income was $2,550

(d) A $8,000 loss from the sale of equipment occurred

(e) Interest expense was $18,900

(f) Cost of goods sold was $280,000

(g) Rent expense was $32,000

(h) Salaries expense was $49,000

(i) Other operating expenses totaled $56,600

Compute the company's operating income.

 

Reference no: EM13501575

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