Presented below is information related to Muscat Company at December 31, 2019, the year ended December 31, 2019 (There was no change during the year in the 12,000 shares of common stock outstanding.) Sales revenue OMR 1,100,000 Dividends declared 14,400 n Rent revenue 30,000 Depreciation on plant assets (60% 70,000 selling, 40% administrative) Interest expense 17,000 Accumulated Depreciation - 44,000 Building Sales Discounts 30,000 Accumulated Depreciation - 37,000 Equipment Cash 82,000 Cost of Goods Sold 448,000 Sales returns and allowances 100,000 Sales Wages and salaries 95,000 Cash 82,000 Cost of Goods Sold 448,000 Sales returns and allowances 100,000 Sales Wages and salaries 95,000 suppliessales 11,400 Income taxes 45,000 135,900 Other administrative 46,700 administrative Wages and salaries expenses Advertising expense 20,000 6,000 Shipping supplies and expense Instructions Which of the following is the income from operations? Select one: O a OMR 105,000 b. OMR 167,000 c. OMR 174,400 O d. OMR 522,000 O e. None of the answers are correct