A Aa A ve E E 20 ATE | 11 No Spac... Heading 1 Heading 2 Find Replac Select 1 Normal Title 21 Paragraph Styles Editing 23 4 5 The following information is available from the accounting records of Spenser Co. for the year ended December 31, 2019 Selling, general, and administrative expenses Accounts payable Research and development expenses Loss from discontinued operations, net of tax savings of $4,000 Provision for Income taxes Niet sales Interest expense Net cash provided by operations Cost of goods sold $ 40,00 68,000 29,000 12,800 59,200 46,200 51.2ee 118,400 217.00 b. Calculate the company's net income for 2019, Required: a. Calculate the operating indone for Spenser Co for the year ended December 31, 2019 SPENSER CO. Operating Income Statement For the year ended December 31, 2019 Required: a. Calculate the operating income for Spenser Co. for the year ended December 31, 2019. SPENSER CO. Operating Income Statement For the year ended December 31, 2019 Expenses I 5 D Focus