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Calculate the companys operating income

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Reference no: EM13839899

The Filzinger Corporation's December 31, 2016 year-end trial balance contained the following income statement items:

Account Title                Debits    Credits
Sales revenue                                 
6,550.00
Interest revenue                             
64,000
Gain on sale of investments                46,000
Cost of goods sold              4,275,000
Selling expenses  230,000
General and administrative expenses  918,000
Interest expense  24,000
Research and development expense  480,000
Restructuring costs  210,000
Income tax expense  139,000

Required:

Calculate the company's operating income for the year using a single-step income statement format.

Reference no: EM13839899

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