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Rockstar business provided the data of gross profit RO 83,200, income from operations RO 55,200, interest revenue RO 2,200, loss on sale of old equipment
Rockstar business provided the data of gross profit RO 83,200, income from operations RO 55,200, interest revenue RO 2,200, loss on sale of old equipment RO 800, gain on sale of old machinery RO 2,300, interest expense of RO 500 and casualty loss of RO 600 during the year ended 31st December 2018. Analyze this information and show amount of Net income of the above business for the year ended 31st December 2018?
a.
RO 141,200
b.
RO 57,800
c.
RO 25,400
d.
RO 52,600
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