The following is a partial year-end adjusted trial balance.

Account Title	Debits	Credits
Sales revenue		360,000
Loss on sale of investments	34,000
Interest revenue		7,000
Cost of goods sold	190,000
General and administrative expenses	46,000
Restructuring costs	56,000
Selling expenses	28,000
Income tax expense	0

Income tax expense has not yet been recorded. The income tax rate is 40%.

a.

Determine the operating income (loss).

Operating income (loss)

b.

Determine the income (loss) before income taxes.

Income (loss) before income taxes

c.

Determine the net income (loss).

	Net income (loss)