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Presented below is information for Oakley Company for the month of March 2 0 2 3 . Cost of goods sold Interest expense Insurance expense

Presented below is information for Oakley Company for the month of March 2023.
Cost of goods sold
Interest expense
Insurance expense
Salaries and wages expense
$254,000
7,500
5,000
75,000
Rent expense
Sales discounts
Sales returns and allowances
Sales revenue
$ 36,000
8,800
11,000
425,000
Required (You MUST SHOW YOUR WORK/COMPUTATIONS to receive credit for this question):
(a) Compute net sales
(b) Compute gross profit
(c) Compute income from operations (operating income)
(d) Compute net income

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