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Selected Accounts Are Listed Below A) $8,000
B) $10,000
C) $9,000
D) $11,000

Question 49

Multiple Choice

Selected accounts are listed below. How much is the firm's operating income?  Accrued payroll $2,000 Sales 45,000 Cost of goods sold 26,000 Interest expense 1,000 Expenses (other than interest)  8,000\begin{array}{ll}\text { Accrued payroll } & \$ 2,000 \\\text { Sales } & 45,000 \\\text { Cost of goods sold } & 26,000 \\\text { Interest expense } & 1,000 \\\text { Expenses (other than interest) } & 8,000\end{array}


A) $8,000
B) $10,000
C) $9,000
D) $11,000

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