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A. Selling, general, and admin expenses $51,000 B. Accounts payable $85,000 C. Extraordinary gain from lawsuit settlement, net of tax expense of $28,000 $104,000 D.
A. Selling, general, and admin expenses $51,000 B. Accounts payable $85,000 C. Extraordinary gain from lawsuit settlement, net of tax expense of $28,000 $104,000 D. Research and development expenses $37,000 E. Loss from discontinued operations net of tax savings of $5,000 $16,000 F. Provision for income taxes $74,000 G. Net sales $579,000 H. Interest expense $64,000I. I. Net cash provided by operations $148,000 J.Cost of goods sold $272,000 Calculate for operating income and net income. Thanks in advance for the help
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