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Quince Corporation has provided the following information: - Operating revenues from customers were $314,550. - Operating expenses for the store were $181,500. - Interest expense
Quince Corporation has provided the following information: - Operating revenues from customers were $314,550. - Operating expenses for the store were $181,500. - Interest expense was $15,300. - Gain from sale of plant and equipment was $5,700. - Dividend payments to Quince's stockholders were $13,050. - Income tax expense was \$57,750. - Prepaid rent was $5,000. How much was Quince's net income? Multiple Choice $52,650 $67,950 $75,300 $65,700
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