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During August, 2022, Crane's Supply Store generated revenues of $59000. The company's expenses were as follows: cost of goods sold of $35000 and operating
During August, 2022, Crane's Supply Store generated revenues of $59000. The company's expenses were as follows: cost of goods sold of $35000 and operating expenses of $3500. The company also had rent revenue of $900 and a gain on the sale of a delivery truck of $1500. Crane's operating income for the month of August, 2022 is $20500. $24000. $22900. $21400.
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