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Operal The following information is available from the accounting records of Manahan Co. for the...

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Accounting

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Operal The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2016: Net cash provided by financing activities Dividends paid Loss from discontinued operations, net of tax savings of $42,067 Income tax expense Other selling expenses Net sales Advertising expense Accounts receivable Cost of goods sold General and administrative expenses S 117,000 18,200 126,200 26,918 10,500 646,300 46, 60 57,800 368,391 143,900 Required: a. Calculate the operating income for Manahan Co. for the year ended December 31, 2016. MANAHAN CO. Operating Income Statement For the year ended December 31, 2016 Expenses b. Calculate the companys net income for 2016

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