Repeat the requirements in P6- 13 using the indirect method.

Easthoff, Incorporated Balanco Shoot At December 31 Morchandise Inventory Noncurrent Assets Property, Plant, and Equipment- net Total Noncurrent Assets Income Taxes Payable Total Noncurrent Labilities Common Stock, S1 par value Total Liablities and Stockholders' Equity Easthoff, Incorporated Incone Statoment For the year ended December 31 Sales Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Depreciation Expense $90,085 48,061 $32,034 $10,700 2.400 $13,100 Total Operating Expenses Income Before Interest and Taxes Interest Expense Incoma Beforo Tax Income Tax Expense Net Income 18,934 14,000 14,934 7334 $ 7,600