Question 18 (3 points) Golden Inn Inc. reported the following selected information: Salaries expense $80,000 Cost of goods sold 720,000 Income tax expense 25,000 Interest expense 5,000 Other income 10,000 Sales 1,050,000 Utilities expense 14,000 Rent expense 72,000 Depreciation expense 42,000 I What is the gross profit ($)? What is the income from operations ($)? A What is the net income ($)