The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash provided by financing activities Dividends paid Loss from discontinued operations, net of tax savings of $46,167 Income tax expense Other selling expenses Net sales Advertising expense Accounts receivable Cost of goods sold General and administrative expenses $110,000 18,200 138,500 26,494 13,000 648,600 47,800 60,800 369, 702 142,400 Required: a. Calculate the operating income for Manahan Co. for the year ended December 31, 2019. MANAHAN CO. Operating Income Statement For the year ended December 31, 2019 Net sales Cost of goods sold Gross profit Expenses: Other selling expenses Advertising expense General and administrative expenses $ 0 0 $ 0 b. Calculate the company's net income for 2019