Problem

If a company reported the following items on its income statement (cost of goods sold $5,0...

If a company reported the following items on its income statement (cost of goods sold $5,000. income tax expense $2.000. interest expense $500, operating expenses $3.500, sales revenue $14,000), what amount would be reported for the subtotal “income from operations”?

a. $9.000

b. $3.000

c. $5,000

d. $5,500

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