What is operating income if you prepare from the following information multi step income statement?

Sales 220 000

Losses 1000 from non operating activities

Gains ?

Cost of goods sold 85 000

Direct labor salaries 90 000

Rent 4500

Interest expense 1000

Utilities 2000

Bad debt provision

Depreciation (8000)

Interest revenue 1000

Company sells old car for 8 000 euro. Over the years, the cost of the car was being depreciated on the company's accounting records (6 000) euro.

Company has issued invoices for a total of 100 000 euro to its customers in a given month, and has a historical experience of 4% bad debts on its billings.