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Lantz Company has provided the following information: Cash sales totaled $ 2 7 0 , 0 0 0 . Credit sales totaled $ 4 8

Lantz Company has provided the following information:
Cash sales totaled $270,000.
Credit sales totaled $487,000.
Cash collections from customers for services yet to be provided totaled $87,000.
A $23,000 loss from the sale of property and equipment occurred.
Interest revenue was $8,500.
Interest expense was $18,700.
Supplies expense was $340,000.
Rent expense for the store was $37,000.
Wages expense was $47,000.
Other operating expenses totaled $77,000.
Unearned revenue was $5,000.
What is the amount of Lant's income from operations (operating income)?
Multiple Choice
$313,000
$192,800
$215,800
$233,000
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