Calculate the companys net income for 2016.

The following information is available from the accounting records of Spenser Co. for the year ended December 31, 2016 Selling. general, and administrative expenses Accounts payable Research and development expenses Loss from discontinued operations, net of tax savings of $5,500 Provision for income taxes Net sales Interest expense Net cash provided by operations Cost of goods sold S 56,100 93,500 40,700 17,600 81,400 636,900 70,400 162,800 299,200 Required a. Calculate the operating income for Spenser Co. for the year ended December 31, 2016 SPENSER CO. Operating Income Statement For the year ended December 31, 2016 Expenses b. Calculate the company's net income for 2016 f3 f6