Use This Information to Answer the Following Question If the Income Statement Were Prepared in a Multistep Form,income

Use this information to answer the following question. $\begin{array}{c}\text { Alcorn \& Zeto Company }\\\text { Income Statement}\\\text { For the Year Ended December 31, 2010}\\\begin{array}{lrr}\text { Revenues } & \\\text { Net sales } & \$ 103,250 \\\text { Dividend income } & 8,750 \\\text { Total revenues }&&\$112,000\\\text { Costs of goods sold } & \$ 30,000 \\\text { Selling expenses } & 10,000 \\\text { General and administrative expenses } & 13,750 \\\text { Interest expense } & 6,250 \\\text { Total costs and expenses } && 60,000 \\\text { Income before income taxes } && \$ 52,000 \\\text { Income taxes } && 19,500 \\ \text { Net income } && \$ 32,500\end{array}\end{array}$ If the income statement were prepared in a multistep form,income from operations would be

A) $49,500.
B) $42,000.
C) $52,000.
D) $43,250.