Respuesta :
The following is the net income of Thomas Company -$3100.
Solution:
Particulars                             Amount
Net sales                              180600
Cost of goods sold                       144400
Selling expense                         15200
General expense                         22600
Interest expense                         1500
Net income/Loss                         -3100.
Net income also known as net income is calculated as revenue minus cost of goods sold selling general and administrative expenses operating expenses depreciation interest taxes and other expenses. A number that helps investors determine how well an organization's revenues exceed its costs. This number appears on the company's income statement and is also an indicator of the company's profitability.
An operating loss occurs when a company's operating expenses exceed its total profit. Operating loss does not include interest income, interest expense, extraordinary gains or losses, or the impact of gains or losses on equity investments or taxes. These items are below the line meaning they are added or subtracted after the operating loss.
Learn more about Net income here:- https://brainly.com/question/28390284
#SPJ4
