Pandora Corporation operates several factories in the Midwest that manufacture consumer electronics. The Debits Credits $12,800,000 53,000 Account Title Sales revenue Interest revenue Loss on sale of investments Cost of goods sold Selling expenses General and administrative expenses Interest expense Research and development expense Income tax expense $ 103,000 6,230,000 623,000 1,550,000 43,000 1,230,000 903,000 Required: Calculate the company's operating income for the year. Sales revenue 12,800,000 12,800,000 Total operating revenue Less operating expenses Cost of goods sold Selling expenses General and administrative expenses 6,230,000 623,000 1,550,000 8,403,000 $ 4,397,000 Operating income