The following are extracts from an income statement for the year ended 31 December 2009 000 Sales revenue 10,000 Cost of sales (8,500) Distribution costs (300) Administrative expenses (200) Net interest paid (150) Taxation (500) Dividends (100) The operating profit is:

1. 1,000,000 2. 1,200,000 3. 1,500,000 4. 1,050,000