The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the companys adjusted trial balance.

Accounts Payable$ 30,000 Accounts Receivable33,000Inventory60,000Advertising Expense36,000Cost of Goods Sold267,000Delivery Expense18,000Income Tax Expense6,000Insurance Expense3,000Rent Expense36,000Sales Revenue480,000Sales Discounts33,000Sales Returns & Allowances57,000

Income from operations would be:

Multiple Choice

$18,000.

$30,000.

$33,000.

$36,000.