last year, sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. calculate…

last year, sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. calculate sams operating expenses for last year.\na. $3,335\nb. $33,345\nc. $17,734\nd. $177,345\nplease select the best answer from the choices provided\na\nb\nc\nd

last year, sams swimming pool cleaning had a gross profit of $105,355 and net income of $72,010. calculate sams operating expenses for last year.\na. $3,335\nb. $33,345\nc. $17,734\nd. $177,345\nplease select the best answer from the choices provided\na\nb\nc\nd

Answer

Explanation:

Step1: Recall profit - income formula

Net income = Gross profit - Operating expenses.

Step2: Rearrange formula to find operating expenses

Operating expenses = Gross profit - Net income.

Step3: Substitute given values

Operating expenses = $105355 - 72010$. $105355−72010 = 33345$.

Answer:

B. $33,345$