The following information has been provided by Hable Company: Advertising expense $9,300; Interest expense $4,300; Rent expense $14,000; Loss on sale of property and equipment $7,100; Cost of goods sold $22,700; Depreciation expense $8,500; Prepaid insurance expense $1,300. How much were Hable's operating expenses? Multiple Choice $65,900 $54,500 $58,800 $46,000 Smith Corporation has provided the following information: Cash sales totaled $129,000. Credit sales totaled $283,000. Cash collections from customers for services yet to be provided totaled $42,000. An $15,000 gain from the sale of property and equipment occurred. Interest income totaled $8,100. How much were Smith's operating revenues? Multiple Choice $477,100 $420,100 $454,000 $412,000