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The following financial information was summarized from the accounting records of Block Corporation for the current year ended December 31 Software Division Hardware Division Corporate Total Cost of goods sold $45,210 $28,988 Direct operating expenses $26,345 $20,625 Net sales $94,610 $66,692 Interest expense $2,049 General overhead $19,028 Income tax $4,025 What is the net income from operations for the Software Division?

$68,265

$94,610

$23,055

$49,400

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91971875

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