Calculate income from operations for Jonas Company based on the following data: $764,000 52,500 538,000 Sales Operating expenses Cost of goods sold a. $485,500 b. $226,000 c. $711,500 d. $173,500 If merchandise sold on account is returned to the seller, the seller acknowledges the return by issuing a a. purchase invoice b.debit memo c. sales invoice d.credit memo