Multiple Choice
The Willie Company has provided the following information: Operating expenses were $345,000;
Income from operations was $415,000;
Net sales were $1,100,000;
Interest expense was $71,000;
Loss from sale of investments was $87,000;
Income tax expense was $58,000.
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What was Willie's nonoperating income (expense) ?
A) ($71,000) .
B) ($158,000) .
C) $216,000.
D) $257,000.
Correct Answer:

Verified
Correct Answer:
Verified
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