Question: During August, 2 0 1 7 , Joe?s Supply Store generated revenues of $ 1 5 0 , 0 0 0 . The company?s expenses

During August, 2017, Joe?s Supply Store generated revenues of $150,000. The company?s expenses were as follows: cost of goods sold of $60,000 and operating expenses of $10,000. The company also had rent revenue of $2,500 and a gain on the sale of a delivery truck of $5,000. Joe?s income from operations for the month of August, 2017 is
A. $97,500.
B. $92,500.
C. $80,000.
D. $150,000.

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