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The accounting record for St. Louis Cardinals, baseball club in St. Louis, MO, reported the following selected information: Note that a number surrounded with (
The accounting record for St. Louis Cardinals, baseball club in St. Louis, MO, reported the following selected information:
Note that a number surrounded with ( ) indicates it is expense, loss, or cost. A number without ( ) indicates it is revenue, income or gain.
Cost of Goods Sold | (297,000) |
Income from Operations | ? |
Other Expense | (34,000) |
Retained Earnings | 88,000 |
Sales Revenue | 480,000 |
Selling, General and Administrative Expenses | (126,000) |
Determine St. Louis Cardinal's Income from Operations.
Format for the answer: no dollar sign, no thousands separator, no decimal places. Use negative sign to show negative amount. For example, -999999
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