During 2013, Parker Enterprises generated revenues of $60,000. The company's expenses were as follows: cost of...

 

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During 2013, Parker Enterprises generated revenues of $60,000. The company's expenses were as follows: cost of goods sold of $30,000, operating expenses of $12,000 and a loss on the sale of equipment of $2,000. Parker's income from operations is During 2013, Parker Enterprises generated revenues of $60,000. The company's expenses were as follows: cost of goods sold of $30,000, operating expenses of $12,000 and a loss on the sale of equipment of $2,000. Parker's income from operations is

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