Zainab 1. If this information was used to prepare an income statement, Income From... Cash OMR 20,400 Sales 1,700 400,000 Accounts Paya le Interest expense Trademarks Advertising expense Land 60,000 10,200 30,000 316,000 10,000 Income tax 160,000 3,440 Cost of goods sold aid expanse Sales salaries expense Equipment Depreciation - Office equipment Inventory 20,000 52,000 7,260 Administrative Salaries expense Shared-capital 30,000 100,000 Interest revenue 800 30,000 Interest expense 3,440 If this information was used to prepare an income statement, Income from Operations should be: Select one a. 36,540 b. None of the answers are correct C. 64,000 d. 54,000