Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses = $150,000; Interest Expense = $30,000; Marketing Expenses = $80,000; and Taxes $300,000. Rogue's operating income is equal to Select one: a. $1,070,000 b. $1,500,000 C. $770,000 d. $1,100,000