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ELLIOT COMPANY HAS THE FOLLOWING INFO ON AC RECORDS: GROSS PROFITS : 175,000 INTEREST EXPENSE: 25,000 SELLING, GENERAL SADMIN EXPENSES: 70,000 TAX EXPENSE: 12,000 SALES

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ELLIOT COMPANY HAS THE FOLLOWING INFO ON AC RECORDS: GROSS PROFITS : 175,000 INTEREST EXPENSE: 25,000 SELLING, GENERAL SADMIN EXPENSES: 70,000 TAX EXPENSE: 12,000 SALES : 325,000 WHAT IS THE OPERATING INCOMEZ WHAT IS INCOME BEFORE TAX? WHAT IS NET INCOME? WHAT IS LOST OF GOODS SOLD

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