Question: Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses

Rogue Industries reported the following items for the current year: Sales =$3,000,000; Cost of Goods $ old =$1,500,000; Depreciation Expense =$170,000; Administrative Expenses =$150,000; Interest Expense =$30,000, Marketing Expenses =$80,000, and Taxes =$300,000. Rogue's operating income is equal to A. $1,500,000 B. $770,000 C. $1,100,000 D. $1,070,000 Rogue Industries reported the following items for the current year: Sales =$3,000,000; Cost of Goods Sold =$1,500,000; Depreciation Expense =$170,000, Administrative Expenses =$150,000; Interest Expense =$30,000, Marketing Expenses =$80,000; and Taxes =$300,000. Rogue's operating income is equal to A. $1,500,000 B. $770,000 C. $1,100,000 D. $1,070,000
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