During 2022, Parker Enterprises generated revenues of $90,000.The company's expenses were as follows: cost of goods sold of $45,000, operating expenses of $18,000 and a loss on the sale of equipment of $3,000. Parker's income from operations is

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Income from operations is calculated by subtracting cost of goods sold and operating expenses from revenues. Therefore, Parker's income from operations would be $90,000 - $45,000 - $18,000 = $27,000. The loss on the sale of equipment is not included in the calculation of income from operations.

During 2022, Parker Enterprises Generated Revenues of $90,000