Which of the Following Formulas Is Correct

Multiple Choice

Which of the following formulas is correct?

A) Revenues - Gross Profit - Non-Operating Expenses = Net Income
B) Gross Profit - Non-Operating Expenses - Income Tax Expense = Net Income
C) Revenues - Cost of Goods Sold - Non-Operating Expenses - Income Tax Expense = Net Income
D) Revenues - Cost of Goods Sold - Other Operating Expenses - Non-Operating Expenses - Income Tax Expense = Net Income
E) Revenues - Unearned Revenues - Cost of Goods Sold - Non-Operating Expenses - Income Tax Expense = Net Income