A company has sales revenue of $222,000, cost of goods sold $95,000, operating expenses of $44,000, and other expenses of $9,000. The company's net income is:
A) $51,000.
B) $74,000.
C) $83,000.
D) $118,000.
B) $74,000.
Explanation: net income = sales revenue - cogs - operating expenses - other expenses. $222,000 - $95,000 - $44,000 - $9,000 = $74,000
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