Readers Unlimited Sells Books -What Is Operating Income?
A)$32,000
B)$87,000
C)$93,000
D)$29,000

Readers Unlimited sells books.The following information summarizes the company's operating expenses for the year: $$\begin{array} { | l | c c | } \hline \text { Purchases } & \$ & 90,000 \\\hline \text { Operating expenses } & \mathbf { \$ } & 53,000 \\\hline \text { Bepinning merchandise inventary } & \mathbf { 1 } & 12,000 \\\hline \text { Ending merchandise inventory } & \mathbf { \$ } & 15,000 \\\hline \text { Sales revenue } & \mathbf { \$ } & 172,000 \\\hline\end{array}$$
-What is operating income?

A) $32,000
B) $87,000
C) $93,000
D) $29,000