Question
The following information is available from the accounting records of Manahan Company for the year ended December 31, 2022: Net cash provided by financing activities
The following information is available from the accounting records of Manahan Company for the year ended December 31, 2022:
Net cash provided by financing activities $ 106,000 Dividends paid 19,300 Loss from discontinued operations, net of tax savings of $38,967 116,900 Income tax expense 26,415 Other selling expenses 13,000 Net sales 649,700 Advertising expense 47,900 Accounts receivable 52,700 Cost of goods sold 370,329 General and administrative expenses 143,000
Required: Calculate the operating income for Manahan Company for the year ended December 31, 2022. Operate Income Statement.
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