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Consider the following information: Interest expense: $12,000 Cost of goods sold: $200,000 Depreciation expense: $8,000 Income taxes: $97,200 Sales: $525,000 General and administrative expense: $62,000

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Consider the following information: Interest expense: $12,000 Cost of goods sold: $200,000 Depreciation expense: $8,000 Income taxes: $97,200 Sales: $525,000 General and administrative expense: $62,000 Find the operating income. O A. $136,000 O B. $167, 980 O C. $197,705 OD. $255,000 O E. None of the above

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