2) Use the information in the table below to determine operating income for this business.

Enter your answer in the space provided. Do not enter dollar signs or commas. The number you enter should be rounded to the nearest dollar, with no decimals. Any number < 0 should be entered with the usual minus sign, such as -145. For example, a number you calculate as $1,345.67 should be entered as 1346.

Revenues: $9628

Taxes: $165

Common shares outstanding: 10000

Cost of goods sold: $4904

Accounts payable: $1589

Interest expense: $79

Selling and administrative expense: $1853

Research and development expense: $519

Depreciation expense: $612

Net plant and equipment: $1500000