4 out of 4 points\ 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\ Selected Answer:

,$1,175,000

.

Activision Blizzard reported the following ltems 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 Selected Answer: $1,175,000