$ 32 16 16 Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions. (Click the icon to view the data.) Using the above data, calculate operating income for each company. (Enter amounts in millions as provided to you in the problem statement, Sx.) Net Sales Revenue Cost of Goods Sold Gross Profit Selling and Administrative Expenses: Selling Expenses Administrative Expenses Total Selling and Administrative Expenses Operating income Now calculate the operating income for Company B. Company B IND 11 Expenses Total Expenses Operating Income Data Table - $ $ 6 9 Company B 7 Wages Expense 32 Equipment 8 Accounts Receivable 16 Service Revenue 9 Cash 52 Rent Expense 42 Company A Cash Net Sales Revenue Finished Goods Inventory Cost of Goods Sold Selling Expenses Equipment Work-in-Process Inventory Accounts Receivable Cost of Goods Manufactured Administrative Expenses Raw Materials Inventory Company C 25 Administrative Expenses 35 Cash 4 Net Sales Revenue 41 Selling Expenses 32 Merchandise Inventory 6 Equipment Accounts Receivable Cost of Goods Sold 2 5 43 10 10 32 22 2 5