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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
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 $35,133 Income tax expense Other selling expenses Net sales Advertising expense Accounts receivable Cost of goods sold General and administrative expenses $101,000 20,000 105,400 26,452 12,000 643,900 47,700 60,500 367,023 141,600 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 0 Expenses: 0 $ 0 b. Calculate the company's net income for 2019
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