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Suppose Pied Piper had Net Income of $ 1 , 6 0 0 , 0 0 0 for the year 2 0 1 1 .

Suppose Pied Piper had Net Income of $1,600,000 for the year 2011. They also had the following income and expenses:
COGS $7,000,000
SG&A Expense $2,100,000
Other Non-Operating Income $100,000
Interest Income $20,000
Depreciation Expense $350,000
Income Tax Expense $150,000
What would the Operating Income be for the year 2011?

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