SO Problem 9-20 (Algo) Calculate operating income and net income LO 5 The following information is available from the accounting records of Spenser Co. for the year ended December 31, 2019 25 Selling, general, and administrative expenses Accounts payable Research and development expenses Loss from discontinued operations, net of tax savings of $4,500 Provision for income taxes Net sales Interest expense Net cash provided by operations Cost of goods sold $ 45,900 76,500 33,300 14,400 66,660 521,103 57,600 133.200 244,8ee Required: a. Calculate the operating income for Spenser Co, for the year ended December 31, 2019, SPENSER CO. Operating Income Statement For the year ended December 31, 2019 $ Expenses 0 $ 0 b. Clculate the set income for 2019