The following information is available from the accounting records of Spenser Co. for the year ended December 31, 2019: Selling, general, and administrative expenses Accounts payable Research and development expenses Loss from discontinued operations, net of tax savings of $4,500 Provision for income taxes Net sales Interest expense Net cash provided by operations Cost of goods sold $ 45,900 76,500 33,300 14,400 66,600 521, 100 57,600 133,200 244,880 Required: a. Calculate the operating income for Spenser Co. for the year ended December 31, 2019 SPENSER CO. Operating Income Statement For the year ended December 31, 2019 Expenses: einzi na nanun nak am in Expenses: b. Calculate the company's net income for 2019