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 Hable’s total expenses in calculating operating income? 

$57,400 

$54,600 

$61,400 

$42,400