Selected information taken from the financial statements of Verbeke Co. for the year ended December 31, 2019, follows: Gross profit $411,000 General and administrative 84,000 expenses Net cash used by investing 107,000 activities Dividends paid 50,000 Interest expense 61,000 Net sales 741,000 Advertising expense 75,000 Accounts payable 103,000 Income tax expense 82,000 Other selling expenses 43,000 Required: a. Calculate income from operations (operating income) for the year ended December 31, 2019 b. Calculate net income for the year ended December 31, 2019