Consider the Following Year-End Information for Spitzer Corporation What Amount Will Spitzer Report for Operating Income?
A)$200,000
B)$210,000

Consider the following year-end information for Spitzer Corporation:
$$\begin{array} { l r } \text { Cost of goods sold } & \$ 420,000 \\\text { Sales revenue } & 800,000 \\\text { Nonoperating expenses } & 10,000 \\\text { Operating expenses } & 170,000 \\\text { Income tax expense } & 80,000\end{array}$$
What amount will Spitzer report for operating income?

A) $200,000
B) $210,000
C) $380,000
D) $120,000