Hendrick, Inc. has the following data for the year ended December 31, 2020: Cost of goods sold... $ 165,000 Sales...... 370,000 Interest expense... 24,000 Selling and administrative expenses... 47,000 Interest revenue 9,000 Calculate (1) Income from operations, and (2) Income before tax. Provide your answers below. (2.5 points each) Answer: A/ (1) Income from operations (2) Income before tax= A