Selected data for three companies are given below. All inventory amounts are ending balances and all amounts are in millions. E (Click the icon to view the data.) Using the above data, calculate operating income for each company. (Enter amounts in millions as provided to you in the problem statement, $X.) Begin by calculating the operating income for Company A. Data Table Company A Company A Cash $ $ $ 4 Gross Profit Company B 6 Wages Expense 48 Equipment 10] Accounts Receivable 23 Service Revenue 25 Selling and Administrative Expenses: 75 Company C 12 Administrative Expenses 32 Cash 8 Net Sales Revenue 65 Selling Expenses 34 Merchandise Inventory 12 Equipment Accounts Receivable 8 4 Cash 12 Total Selling and Administrative Expenses 67 Rent Expense Net Sales Revenue Finished Goods Inventory Cost of Goods Sold Selling Expenses Equipment Work-in-Process Inventory Accounts Receivable Cost of Goods Manufactured Administrative Expenses Raw Materials Inventory 55 Operating Income 9 19 14 Cost of Goods Sold 25 23 7 6