The following information is available from the accounting records of Manahan Co. for the year ended December 31 Net cash provided by financing activities Loss from discontinued operations, net of tax savings of $39,500 Dividends paid Income tax expense Other selling expenses Net sales Advertising expense Accounts receivable Cost of goods sold General and administrative expenses $124,000 19,800 118,500 26,301 12,800 642,200 46,300 56,600 366,054 141,900 Required: a. Calculate the operating income for Manahan Co. for the year ended December 31, 2019. Expenses MANAHAN CO. Operating Income Statement For the year ended December 31, 2019