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The following information is avallable from the accounting records of Spenser Company for the year...

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Accounting

The following information is avallable from the accounting records of Spenser Company for the year ended December 31,2022 :
Selling, general, and administrative expenses
Accounts payable
Research and development expenses
Loss from discontinued operations, net of tax savings of $8,000
Provision for income taxes
Net sales
Interest expense
Net cash provided by operations
cost of goods sold
$106,000
170,000
77,000
24,000
35,000
948,000
97,000
296,000
521,000
Requlred:
a. Calculate the operating income for Spenser Company for the year ended December 31,2022.
b. Calculate the company's net Income for 2022.
Complete this question by entering your answers in the tabs below:
Calculate the operating income for Spenser Company for the year ended December 31,2022.
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