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e the following information in thousands) to answer questions 6-9: 300,000 90,00o 164,00o 16,000 30,000o Sales revenue Gain on sale of equipment Cost of goods
e the following information in thousands) to answer questions 6-9: 300,000 90,00o 164,00o 16,000 30,000o Sales revenue Gain on sale of equipment Cost of goods sold Interest expense Selling & administrative expenses Income tax rate 30% 6. Determine the amount of income from operations. A. 76,000 B. Y196,000 D. Y18o,000 7. Determine the amount of income before taxes. A. 76,000 B. Y196,o00 C. \60,000 D. 180,000 8. Determine the amount of income taxes. A. Y8,ooo B. Y18,0oo C. Y27,0o0 D. Y54,0oo 9. Determine the amount of net income. A. Y126,o00 B. 21,000 C. 42,000 D. Y63,000
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