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. . Cash sales totaled $240,000. Credit sales totaled $484,000. Cash collections from customers for services yet to be provided totaled $84,000. A $20,000 loss
. . Cash sales totaled $240,000. Credit sales totaled $484,000. Cash collections from customers for services yet to be provided totaled $84,000. A $20,000 loss from the sale of property and equipment occurred. Interest income was $8,200. Interest expense was $18,400. Supplies expense was $310,000. Rent expense for the store was $34,000. Wages expense was $44,000. Other operating expenses totaled $74,000. Unearned revenue was $4,900. . . . What is the amount of Lant's income from operations (operating income)
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