Net sales $ 229,234 $ 215,639 Cost of sales 141,048 131,376 Research and development expenses 11,581 10,045 Selling, general, and administrative expenses 15,261 14,194 Operating income ? ? Other income, net ? 1,348 Provision for income taxes 15,738 ? Net income $ 48,351 $ 45,687

Net sales                                                       $ 229,234 $ 215,639

Cost of sales                                                      141,048      131,376

Research and development expenses               11,581       10,045

Selling, general, and administrative expenses  15,261       14,194

Operating income                                               61,344     60,024

Other income, net                                                2,745         1,348

Provision for income taxes                                 15,738      15,685

Net income                                                      $ 48,351  $ 45,687

Explanation:

a) Data and Calculations:

Net sales                                                       $ 229,234 $ 215,639

Cost of sales                                                      141,048      131,376

Research and development expenses               11,581       10,045

Selling, general, and administrative expenses  15,261       14,194

Operating income                                                         ?              ?

Other income, net                                                         ?       1,348

Provision for income taxes                                 15,738               ?

Net income                                                      $ 48,351  $ 45,687

Operating income = Net sales minus (Cost of sales + R&D expenses, + Selling, general, and administrative expenses)

Other income, net = Net income + Provision for income taxes - Operating income

Provision for income taxes = Operating income + Other income - Net income

wheres the chart? so i can answer.

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