Conway Brush Company sells standard hair brushes. The following information summarizes Conway's operating activities for 2018:

Selling and Administrative Expenses ................................. $ 47,058

Purchases ................................................................... 85,800

Net Sales Revenue ....................................................... 151,800

Merchandise Inventory, January 1, 2018 ................................. 7,920

Merchandise Inventory, December 31, 2018 ........................... 11,748

Requirements

1. Calculate the operating income for 2018.

2. Conway sold 6,600 brushes in 2018. Compute the unit cost for one brush?