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	$	116,000
Dividends paid		19,100
Loss from discontinued operations, net of tax savings of $42,700		128,100
Income tax expense		27,889
Other selling expenses		10,100
Net sales		648,100
Advertising expense		47,600
Accounts receivable		59,200
Cost of goods sold		369,417
General and administrative expenses		141,300

Required:

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