Problem $4-25($Static$)$ Calculate income from operations and net income LO $4-6,4-7$

Selected information taken from the financial statements of Verbeke Company for the year ended December $31,2022,$ follows:

$\backslash$table$[[$Gross profit,$162,000],[$General and administrative expenses,$24,000],[$Net cash used by investing activities,$27,000],[$Dividends paid,$13,000],[$Interest expense,$14,000],[$Net sales,$188,000],[$Advertising expense,$19,000],[$Accounts payable,$26,000],[$Income tax expense,$7,000],[$Other selling expenses,$11,000]]$

Required:

a$.$ Calculate income from operations $($operating income$)$ for the year ended December $31,2022.$

b$.$ Calculate net income for the year ended December $31,2022.$

a$.$ Income from operations

b$.$ Net incame