Use the Appropriate Information from the Data Provided Below to Calculate

Use the appropriate information from the data provided below to calculate operating income for the year ended December 31, 2020.
$$\begin{array} { l r } \text { Cost of goods sold } & \$ 234,000 \\\text { General and administrative expenses } & 96,000 \\\text { Net cash provided by financing activities } & 138,000 \\\text { Dividends paid } & 32,000 \\\text { Income tax expense } & 22,000 \\\text { Other selling expenses } & 52,000 \\\text { Net sales } & 556,000 \\\text { Advertising expense } & 78,000 \\\text { Accounts payable } & 66,000\end{array}$$