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(5 points) What would a company report as net income for 2022 if net revenues for the year were $3,255,000, COGS was $2,279,000, selling and
(5 points) What would a company report as net income for 2022 if net revenues for the year were $3,255,000, COGS was $2,279,000, selling and administrative expenses were $488,300, and income taxes for the year were $130,200? (AC 15) $487,700 $845,800 $357,500 $1,106,200
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