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Karteen Ltd. reported the following amounts in its income statement accounts for 2020: Interest revenue: $ 800 Salaries expense: $45,000 Rent expense: $28,000 Sales revenue:

Karteen Ltd. reported the following amounts in its income statement accounts for 2020:

Interest revenue: $ 800

Salaries expense: $45,000

Rent expense: $28,000

Sales revenue: $325,000

Loss on sale of equipment: $8,500

Income tax expense: $2,600

Cost of goods sold: $160,000

Sales discounts: $2,000

What is Karteen's income from operations?

Question 7 options:

$79,700

$82,300

$163,000

$90,000

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