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1 3 , 9 5 0 ) Repairs and Maintenance ( $ 2 , 8 5 0 ) Utilities Expense ( $ 8 8 0
1
3
,
9
5
0
)
Repairs and Maintenance
(
$
2
,
8
5
0
)
Utilities Expense
(
$
8
8
0
)
Operating Income
$
1
0
,
2
4
2
Other Income
-
Gain on Sale
$
3
0
0
Interest Expense
(
$
2
5
0
)
Earnings Before Taxes
$
1
0
,
2
9
2
Income Taxes
(
$
1
,
6
7
5
)
Net Income
$
8
,
6
1
7
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