critically analyze explain this income statement journal values 0 14C Cloudy Sales $100,000 Cost of goods sold

critically analyze explain this income statement journal values

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0 14C Cloudy Sales $100,000 Cost of goods sold Gross profit 75.000 25,000 Operating expenses Selling expenses Advertising expense 2,000 Commissions expense 5.000 7,000 Administrative expenses Office supplies expense 3,500 Office equipment expense 2,500 6,000 Total operating expenses 13,000 Operating income 12.000 Non-Operating or other Interest revenues 5.000 Gain on sale of investments 3.000 Interest expense (500) Loss from lawsuit (1.500) Total non-operating 6,000 $18.000 Net Income 0 14C Cloudy Sales $100,000 Cost of goods sold Gross profit 75.000 25,000 Operating expenses Selling expenses Advertising expense 2,000 Commissions expense 5.000 7,000 Administrative expenses Office supplies expense 3,500 Office equipment expense 2,500 6,000 Total operating expenses 13,000 Operating income 12.000 Non-Operating or other Interest revenues 5.000 Gain on sale of investments 3.000 Interest expense (500) Loss from lawsuit (1.500) Total non-operating 6,000 $18.000 Net Income