1.Use this information to answer the following question Alcorn & Zeto Company Income Statement For the Year Ended December 31, 20x7 Revenues Net sales $104,750 Dividend income 8,750 Total revenues $113,500 Costs and expenses Costs of goods sold S30,000 Selling expenses 10,000 General and administrative expenses 13,750 Interest expense 6,250 Total costs and expenses 60,000 Income before income taxes $53,500 Income taxes 19,500 Net income S 34,000 If the income statement were prepared in a multistep form, income from operations would be A) 51000 B) $43,500 C) $53,500 D) $44,750