Selected information taken from the financial statements of Verbeke Company for the year ended December 31, 2022, follows:Gross profit $ 102,000General and administrative expenses 24,000Net cash used by investing activities 27,000Dividends paid 13,000Interest expense 14,000Net sales 188,000Advertising expense 19,000Accounts payable 26,000Income tax expense 7,000Other selling expenses 11,000Required:Calculate income from operations (operating income) for the year ended December 31, 2022.Calculate net income for the year ended December 31, 2022.