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The Callie Company has provided the following information: Operating expenses were $247,000; Cost of goods sold was $344,000; Net sales were $970,000; Interest expense was

The Callie Company has provided the following information:

Operating expenses were $247,000;

Cost of goods sold was $344,000;

Net sales were $970,000;

Interest expense was $50,000;

Gain on sale of a building was $87,000;

Income tax expense was $83,200.

What was Callies income from operations (operating income)?

rev: 03_09_2017_QC_CS-80829; 03_10_2017_QC_CS-80829

$282,000.
$232,000.
$319,000.
$466,000.

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