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How much would Daffodil report as income from operations

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Reference no: EM132619279

Question - Daffodil Inc. reported the following information for 2020:

Sales revenue $830,000

Cost of goods sold 290,000

Operating expenses 49,000

Loss on sale of operating equipment 5,000

Loss on operations of the discontinued FoxGlove division 10,000

Loss on the sale of FoxGlove's equipment 3,000

Required - For 2020, how much would Daffodil report as income from operations? Ignore taxes.

Reference no: EM132619279

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