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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)?

$282,000.

$232,000.

$319,000.

$466,000.

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