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The following information has been provided by Hable Company: Advertising expense $9,400; Interest expense $4,400; Rent expense for store $15,000; Loss on sale of property
The following information has been provided by Hable Company: Advertising expense $9,400; Interest expense $4,400; Rent expense for store $15,000; Loss on sale of property and equipment $7,200; Cost of goods sold $22,800; Depreciation expense $8,600; Prepaid insurance expense $1,400. How much were Hables total expenses in calculating operating income?
$60,200
$47,200
$63,000
$67,400
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