Question

Cushman Company had $824,000 in sales, sales discounts of $12,360, sales returns and allowances of $18,540, cost of goods sold of $391,400, and $283,455 in operating expenses. Net income equals:

Answer 1

Answer:

$118,245

Step-by-step explanation:

So we just subtract everything ffrom 824,000 to find the net income

When you subtract everything you should get 118,245

Answer 2

$118,245 is the answer.