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Stromboli Corp. sells vinyl LPs. The following information summarizes Stromboli's operating activities for 2022. Selling and Admin. Expenses Purchases Sales Revenue Merchandise Inventory, Jan.

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Stromboli Corp. sells vinyl LPs. The following information summarizes Stromboli's operating activities for 2022. Selling and Admin. Expenses Purchases Sales Revenue Merchandise Inventory, Jan. 1, 2022 29500 10700 170800 90000 Merchandise Inventory, Dec 31, 2022 Calculate the operating income for 2022. a. 115,100 b. 55,700 c. 85,600 d. 141,300 45000

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