The following information is available from the accounting records of Spenser Co. for the year ended December 31, 2019. hits Selling, general, and administrative expenses Accounts payable Research and development expenses Loss from discontinued operations, net of tax savings of $3,500 Provision for income taxes Net sales Interest expense Net cash provided by operations Cost of goods sold $ 35,700 59,500 25,900 11,200 51,800 405,300 44,800 103,600 190,400 Part 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 Expenses Me G The following information is available from the accounting records of Spenser Co. for the year ended December 31, 2019. hits Selling, general, and administrative expenses Accounts payable Research and development expenses Loss from discontinued operations, net of tax savings of $3,500 Provision for income taxes Net sales Interest expense Net cash provided by operations Cost of goods sold $ 35,700 59,500 25,900 11,200 51,800 405,300 44,800 103,600 190,400 Part 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 Expenses Me G