Using the date below, contruct an income statement.

Last year, Sun Skateboards had $$200,000$ in revenues. The company had $$70,000$ in COGS and $$30,000$ was SG&A$.$ It was in the $21\%$ corporate tax rate.

They had depreciation expense of $$35,000$ and interest expense of $$20,000.$

Answer rating: 100% (QA)

Income Statement for Sun Skateboards For the Year Ended Insert Date ... View the full answer