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MC Qu. 10 Powell Company had following account balances... Powell Company had following account balances for 2016: Debit Credit $ 47,500 Sales Revenue Cost of

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MC Qu. 10 Powell Company had following account balances... Powell Company had following account balances for 2016: Debit Credit $ 47,500 Sales Revenue Cost of Goods Sold Transportation-out Selling Expenses Interest Expense $ 26,000 750 4,400 900 What is Powell Company's operating income for 2016? Multiple Choice None of the above $21,500 $15,450 $20,750

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