5 5 of 15 35,000 $ 30,000 $ 60,000 $ 50,000 $ 55,000 $ 60,000 $450,000 $460,00o $130,000 $ 120,000 320,000 $ 340,000 equity Total liabilities and stockholders' equity $ 450,000 $4 Cost of goods sold400,000 s margin Net operating income $140,000 $8,000 $ 92,400