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:Ortiz Co. had the following account balances.4 Sales revenue $ 120,000 Cost of goods sold 60,000 Salaries and wages expense 10,000 Depreciation expense 20,000 Dividend

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:Ortiz Co. had the following account balances.4 Sales revenue $ 120,000 Cost of goods sold 60,000 Salaries and wages expense 10,000 Depreciation expense 20,000 Dividend revenue 4,000 Utilities expense 8,000 Rent expense 10,000 Interest expense 12,000 Advertising expense 13,000 What amount would Ortiz report as income from ?operations in its income statement (bi 1) $27,000 O $29,000 $25,000 $3,000

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