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

Purchases	$32,000		Selling expenses	$ 960
Merchandise inventory, September 1	5,700		Merchandise inventory, September 30	6,370
Administrative expenses	910		Sales	63,000
Rent revenue	1,200		Interest expense	1,040

Select one:

a.

$31,910

b.

$32,870

c.

$30,710

d.

$29,800