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**Product Line Financial Summary**

| Product Line | Total Sales | Total Expenses | Net Operating Income (Loss) |
|-------------------|-------------|----------------|-----------------------------|
| Travel | $325,000 | $306,200 | $18,800 |
| Handy Company | $100,000 | $107,400 | $(7,400) |
| Cookbook Guide | $160,000 | $145,400 | $14,600 |
| Speller | $65,000 | $53,400 | $11,600 |

**Sales Expenses Breakdown**

1. **Printing Costs**
- Travel: $7,000
- Handy Company: $2,400
- Cookbook Guide: $2,600
- Speller: $1,500

2. **Advertising**
- Travel: $32,000
- Handy Company: $6,500
- Cookbook Guide: $14,500
- Speller: $2,400

3. **General Sales**
- Travel: $63,500
- Handy Company: $14,500
- Cookbook Guide: $14,500
- Speller: $6,000

4. **Salaries**
- Travel: $11,500
- Handy Company: $2,400
- Cookbook Guide: $32,500
- Speller: $9,500

5. **Equipment Depreciation**
- Travel: $41,000
- Handy Company: $14,500
- Cookbook Guide: $10,000
- Speller: $16,000

6. **Sales Commissions**
- Travel: $14,000
- Handy Company: $9,600
- Cookbook Guide: $43,500
- Speller: $6,400

7. **General Administration**
- Travel: $22,000
- Handy Company: $38,000
- Cookbook Guide: $14,500
- Speller: $7,200

8. **Warehouse Rent**
- Travel: $5,000
- Handy Company: $23,000
- Cookbook Guide: $4,000
- Speller: $13,000

9. **Depreciation - Office Facilities**
- Travel: $3,900
- Handy Company: $2,400
- Cookbook Guide: $1,500
- Speller: $4,500

Answer :

Based on the given information, the company Cookbook Guide has a net operating income of $14,600, while the company Speller has a net operating income of $11,600. To calculate the net operating income, we subtract the total expenses from the total sales for each company.

The total expenses for Cookbook Guide are $306,200, and the total expenses for Speller are $145,400.
For Cookbook Guide:
Net operating income = Total sales - Total expenses
Net operating income = $325,000 - $306,200
Net operating income = $18,800
For Speller:
Net operating income = Total sales - Total expenses
Net operating income = $160,000 - $145,400
Net operating income = $14,600

Based on this calculation, Cookbook Guide has a net operating income of $18,800, while Speller has a net operating income of $14,600. It is important to note that the net operating income represents the profitability of a company after deducting all operating expenses. A positive net operating income indicates that the company is generating profits, while a negative net operating income indicates a loss.

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