Financial information for Entity D is presented below:

Operating expenses $ 45,000 Net sales 250,000 Gain due to insurance settlement 4,500 Income tax expense 21,000 Loss on the sale of land 10,000 Cost of goods sold 120,000

The amount of income from operations on the multi-step income statement would be

		$58,500.
		$130,000
		$79,500
		$85,000