The Callie Company has provided the following information:

Operating expenses were $235,000;

Cost of goods sold was $320,000;

Net sales were $850,000;

Interest expense was $38,000;

Gain on sale of a building was $75,000;

Income tax expense was $66,400.

What was Callie’s income from operations (operating income)?

Answer rating: 100% (QA)

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