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Using the following information, what is the amount of income from operations? Purchases $32,000 Selling expense $960 Merchandise inventory, September 1 5,700 Merchandise inventory, September

Using the following information, what is the amount of income from operations?

Purchases

$32,000

Selling expense

$960

Merchandise inventory, September 1

5,700

Merchandise inventory,

September 30

6,370

Administrative expense

910

Sales

63,000

Rent revenue

1,200

Interest expense

1,040

a.$29,800

b.$32,870

c.$31,910

d.$30,710

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