The account balances for a company are listed below. All balances are as of Dec 31, 2017, except where noted otherwise Accounts Payable Accounts Receivable Salaries Payable Notes Payable (due 12/31/19) Dividends Sales Revenue Notes Payable (due 4/30/18) Cost of Goods Sold Loss of Sale of Equipment Inventory Interest Expense Salary Expense Unearned Revenue $7,200 8,400 5,600 20,900 3,000 139,500 2,500 60,900 4,500 19,800 9,750 30,450 3,800 Rent Expense Equipment Furniture Depreciation Expense Accumulated Depreciation Cash Common Stock Trademark Retained Earnings (1/1/17) Marketable Equity Securities Gain on Sale of Building Prepaid Insurance Expense Copyright $2,100 74,500 16,600 4,000 10,000 14,000 ??? 8,000 56,200 300 2,450 500 6,000 Determine income from operations for 2017: A. $41,550 B. $42,050 C. $36,050 D. $30,250 E. $32,300