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The following information has been provided by Hale Company: Advertising expense $8,300; Interest expense $3,300; Rent expense for store $13,000; Loss on sale of property
The following information has been provided by Hale Company: Advertising expense $8,300; Interest expense $3,300; Rent expense for store $13,000; Loss on sale of property and equipment $6,100; Cost of goods sold $21,700; Depreciation expense $7,500; Prepaid insurance $1,400. How much were Hales total expenses in calculating operating income?
$59,900
$56,600
$43,000
$53,800
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