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The following information has been provided by Hable Company: Advertising expense $9,000; Interest expense $4,000; Rent expense for store $11,000; Loss on sale of property
The following information has been provided by Hable Company: Advertising expense $9,000; Interest expense $4,000; Rent expense for store $11,000; Loss on sale of property and equipment $6,800; Cost of goods sold $22,400; Depreciation expense $8,200; Prepaid insurance expense $1,000. How much were Hables total expenses in calculating operating income? $57,400 $54,600 $61,400 $42,400
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