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Question 3 2.5 pts During 2020, ABC Corp. had sales of $15,560,000. Costs of goods sold were $2,550,000, Selling, General, and Administrative (SG&A) expenses were

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Question 3 2.5 pts During 2020, ABC Corp. had sales of $15,560,000. Costs of goods sold were $2,550,000, Selling, General, and Administrative (SG&A) expenses were $2,500,000. Depreciation expenses were $2,830,000. Given these facts, what was ABC Corp.s operating income (EBIT) for 2020? $13,010,000 $8,230,000 $10,510,000 $7,680,000

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