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Schrute Farm Sales buys portable generators for $500 and sells them for $760. He pays a sales commission of 5% of sales revenue to his

Schrute Farm Sales buys portable generators for

$500

and sells them for

$760.

He pays a sales commission of 5% of sales revenue to his sales staff. Mr. Schrute pays

$2,000

a month rent for his store, and also pays

$1,700

a month to his staff in addition to the commissions. Mr. Schrute sold

600

generators in June. If Mr. Schrute prepares a traditional income statement for the month of June, what would be his operating income?

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