Presented below is information related to Vienna Company at December 31 2020 the end of its first year of operations Sales

Question

Presented below is information related to Vienna Company at December 31 2020 the end of its first year of operations Sales revenue 500 000 Cost of goods sold 240 000 Selling and administrative expenses 60 000 and loss on sale of plant assets 15 000 Income from operations is 300 000 a O b 260 000 O c 185 000 O d 200 000

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