The following information has been provided by Hale Company: Advertising expense $9,000; Interest...
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Accounting
The following information has been provided by Hale Company: Advertising expense $9,000; Interest expense $4,000; Rent expense for store $11,000; Loss on sale of property and equipment $6,800; Cost of goods sold $22,400; Depreciation expense $8,200; Prepaid insurance $1,000. How much were Hales total expenses in calculating operating income?
Multiple Choice
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$42,400
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$61,400
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$57,400
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$54,600
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