Suppose a company has provided the following information.
(a) Cash sales totaled $180,000
(b) Credit sales totaled $330,000
(c) Interest income was $2,550
(d) A $8,000 loss from the sale of equipment occurred
(e) Interest expense was $18,900
(f) Cost of goods sold was $280,000
(g) Rent expense was $32,000
(h) Salaries expense was $49,000
(i) Other operating expenses totaled $56,600
Compute the company's operating income.