The following information is available from the accounting records of Spenser Co. for the year ended December 31, 2019: Selling, general, and administrative expenses $ 56,100 Accounts payable 93,500 Research and development expenses 40,700 Loss from discontinued operations, net of tax savings of $5,500 17,600 Provision for income taxes 81,400 Net sales 636,900 Interest expense 70,400 Net cash provided by operations Cost of goods sold 162,800 299,200 Required: a. Calculate the operating income for Spenser Co. for the year ended December 31, 2019. SPENSER CO. Operating Income Statement For the year ended December 31, 2019 $ 0