4. The following information is provided for PG&E, a utility company that operates in California.
Sales revenues $1,000,000
Rent expense 5,000
Restructuring expense 12,000
Interest revenues 1,000
Interest expense 18,000
Loss from wildfires 1,000
Income tax expense 30,000
Dividends paid 8,000
Salary expense 20,000
Depreciation expense 30,000
Cost of goods sold 300,000
Inventory 18,000
For your ended
12/31/2021
Determine gross profit, operating income, and net income. [6 points]
Gross profit Operating income Net income
