Selected information taken trom the financial statements of Verbeke Co. for the year ended December 31, 2019, follows: Gross profit General and administrative expenses Net cash used by investing activities Dividends paid Interest expense $412,000 82,000 106,000 54,000 64,000 745,000 76,000 101,000 Net sales Advertising expense Accounts payable Income tax expense Other selling expenses 82,000 40,000 Required: a. Calculate income from operations (operating income) for the year ended December 31, 2019. Income from operations b. Calculate net income for the year ended December 31, 2019