Paper Clip Company sells office supplies. The following information summarizes the company's operating activities for the year: Utilities for the store Sales commissions Sales revenue Purchases of merchandise January 1 inventory Rent for store December 31 inventory What is operating income? A. $36,100 B. $39,300 C. $154,000 D. $58,900 $ 10,500 10,500 164,500 89,500 27,000 14,400 23,500