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Lantz Company has provided the following information: Cash sales totaled $ 2 5 5 , 0 0 0 . Credit sales totaled $ 4 7

Lantz Company has provided the following information:
Cash sales totaled $255,000.
Credit sales totaled $479,000.
Cash collections from customers for services yet to be provided totaled
$88,000.
A $22,000 loss from the sale of property and equipment occurred.
Interest income was $7,700.
Interest expense was $19,900.
Cost of goods sold was
$336,000.
Rent expense was $36,000.
Salaries expense was $49,000.
Other operating expenses totaled $79,000.
Unearned revenue was $4,000.
How much was Lantz's operating income?
A. $221,800.
B. $322,000.
C. $199,800.
D. $234,000.
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