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Remaining Time 2 hours, 48 m2 Question Completion QUESTION 4 Pivot Corp has the following data for the year ended December 31, 2010: Net sales

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Remaining Time 2 hours, 48 m2 Question Completion QUESTION 4 Pivot Corp has the following data for the year ended December 31, 2010: Net sales $270,000 Discontinued operations loss 20,000 Cost of goods sold 165,000 Interest expense 3,000 Selling expenses 15,000 Administrative expenses 35,000 Tax rate of 20% on all items Required - Determine the following: a Gross Margin b. Total Operating Expenses c. Income from Operations d. Income before Income Tax e Income Tax f. Income from Continuing Operations g. Discontinued Operations Income or Loss, net h. Net Income ABC Antl

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