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Apex company reported the following: -41 Cost of Goods Sold General, Selling, and Administrative Expenses Income Tax Expense Inventory Net Income Sales Revenue Sales Discounts

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Apex company reported the following: -41 Cost of Goods Sold General, Selling, and Administrative Expenses Income Tax Expense Inventory Net Income Sales Revenue Sales Discounts Sales Returns & Allowances $ 200,000 10,000 4,900 16,000 18,000 240,000 3,600 3,500 What is the amount of income from operations? Multiple Choice $13.100 $40,000 $22.900 $18,000

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