Question: Current Attempt in Progress Operating data for Pina Colada Corp. are presented as follows. Question 2 of 4 Gross protit 120.687249.065 +%%211,16173.278% %% Selling expenses


Current Attempt in Progress Operating data for Pina Colada Corp. are presented as follows. Question 2 of 4 Gross protit 120.687249.065 +%%211,16173.278% %% Selling expenses 73,069 \%. 49.059 Adrinistrative expenses Total operating expenses 193756 x 122.337 % Thoome before income taxes 105,909 89,424 Income tax expense Nel incone PINACOLADA CORP. Condensed Income Statement \begin{tabular}{|c|c|c|c|c|c|} \hline & \multicolumn{3}{|c|}{2022} & \multicolumn{2}{|c|}{2021} \\ \hline & Amount & Percent & & Amount & Percent \\ \hline Sales & $821,000 & & * & $621.000 & \\ \hline Cost of poods sold & 521:335 & & x & 409.239 & \\ \hline Gruss prolit & 299.665 & & % & 211,761 & \\ \hline Sching expenses & 120.687 & & & 13.278 & \\ \hline Admanistrative uxinses & 73069 & & 4 & & \\ \hline ficto openting experves & 193756 & & 14 & & \\ \hline \end{tabular}
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