Using the Following Information, What Is the Amount of Income

question 54

Multiple Choice

Using the following information, what is the amount of income from operations??? $$\begin{array} { | l | r | l | l | r | } \hline \text { Purchases } & \$ 32,000 && \text { Selling expenses } & \$ 960 \\\hline \begin{array} { l } \text { Merchandise inventory, } \\\text { September 1 }\end{array} & 5,700 & & \begin{array} { l } \text { Merchandise inventory, } \\\text { September 30 }\end{array} & 6,370 \\\hline \text { Administrative expenses } & 910 & & \text { Sales } & 63,000 \\\hline \text { Rent revenue } & 1,200 & & \text { Interest expense } & 1,040 \\\hline\end{array}$$

• A) $32,870
• B) $31,910
• C) $30,710
• D) $29,800

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Definitions:

Palms Facing

A description of the orientation of hands when the palms are turned to face forward or toward a specific direction.

Anterior View

Observation or representation of the front side of an organism or anatomical structure.

Sacral Region

The sacral region refers to the lower part of the spine, composed of five sacral vertebrae, which are fused together to support the weight of the upper body and play a key role in connecting the spine to the hip bones.

Antecubital

The area located at the front of the elbow.