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Question 19 ABC Co, had the following account balances: Sales revenue Gross profit Operating expenses Rent revenue Interest expense Loss on sales of building Sales

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Question 19 ABC Co, had the following account balances: Sales revenue Gross profit Operating expenses Rent revenue Interest expense Loss on sales of building Sales discount Sales Return and allowances $ 250,000 40% of Net sales 55,000 12,000 10,000 5,000 16,500 5,500 What amount would ABC Co. reports as income from operations in its income statement? O A. $ 22,500 O B. $ 55,500 OC. $ 43,200 OD. $ 72,200

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