Use the appropriate information from the data provided below to calculate operating income for the year ended December 31, 2017. Cost of goods sold $234,000 General and administrative expenses 96,000 Net cash provided by financing activities 138,000 Dividends paid 32,000 Income tax expense 22,000 Other selling expenses 52,000 Net sales 556,000 Advertising expense 78,000 Accounts payable 66,000