The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2016:

Net cash provided by financing activities	$	118,000
Dividends paid		18,400
Loss from discontinued operations, net of tax savings of $41,367		124,100
Income tax expense		27,355
Other selling expenses		12,000
Net sales		649,200
Advertising expense		46,500
Accounts receivable		57,000
Cost of goods sold		370,044
General and administrative expenses		142,500

a. Calculate the operating income for Manahan Co. for the year ended December 31, 2016

MANAHAN CO.
Operating Income Statement
For the year ended December 31, 2016
		$0
Expenses:
		0
		$0

B)

Calculate the company's net income for 2016.