The detailed accounting records for Best Advice have been lost. The bookkeeper for the business was able to provide the following information for 2022. Assume that 60% of expenses are for selling and 40% are administrative. 

Data from  multi-step income statement is given

Morris, Capital $55,000

Cash 18,000

Sales Revenue 115,000

Interest Expense 3,000

Accounts Receivable 7,800

Rent Expense 12,000

Supplies Expense 2,000

Cost of Goods Sold 30,000

Maintenance Expense 14,000

Salaries Expense 23,000

Interest Revenue 1,000

Unearned Revenue 14,500

Sales Returns & Allowances 5,000

Sales Discounts 2,500

How much is the business’s income from operations for the year?