/1 vs : Income statement and balance sheet data for Great Adventures, Inc. are provided below GREAT NTURE Income Statement For the Year Ended December 31, 2020 Revenues Service revenue (clinic, racing, TEAM) Sales revenue (MU watches) $555,000 130,000 Total revenues $685.000 Expenses Cost of goods sold (MU watches) Operating expenses Depreclation expense Interest expense Income tax expense 76,000 304.876 56,000 30.324 60,600 Total expenses 527800 Net Income $157.200 GREAT ADVENTURES, INC Balance Sheets December 31, 2020 and 2019