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The manager of the Wheeles company asks you for the operating result, the balances to date are: Revenue from tire sales: $214,000; Delinquent interest income:
The manager of the Wheeles company asks you for the operating result, the balances to date are: Revenue from tire sales: $214,000; Delinquent interest income: $8,000; Cost of Sales: $64,000; Expenses: $107,000; Taxes: $30,000. Determine operating profit.
A. $44,400
B. $42,800
C. $12,800
D. $14,400
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