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Calculate operating profit. Sales 1,535.0 Debt balance 450.0 Interest rate on debt 4.0% Cost of inventory sold 159.0 Depreciation expense 100.0 Support staff expenses 190.0

Calculate operating profit. Sales 1,535.0 Debt balance 450.0 Interest rate on debt 4.0% Cost of inventory sold 159.0 Depreciation expense 100.0 Support staff expenses 190.0 Tax expense 140.0 Interest income 10.0 Accounts receivable 20.0 Amortization expense 25.0

Select one: 1,053.0 1,081.0 1,220.0 1,061.0

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