QUESTION 8 Activision Blizzard reported the following items for the current year: Sales = $7,000,000; Cost of Goods Sold = $2,500,000; Depreciation Expense = $125,000; Administrative Expenses = $2,100,000; Interest Expense = $162,000; Marketing Expenses = $1,100,000; and Taxes = $405,000. Activision Blizzard's operating income is equal to $608,000 O $1,013,000. $1,175,000. $1,550,000.

Activision Blirzard reported the folowing atems for the current year. Sales =$7,000,000, Cost of Goods Sold =$2,500,000; Depreciation Expense = $125,000. Administrative Expensen =$2,100,000; interest Expense e $162,000; Marketing Expenses =$1,100,000; and Toxes =$405,000. Activision Blirzarts operating income is equal to 5608.000 $1,013.000 51,175.000 51,650,000