Question: Data table Mariner, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Revenue Expenses: 2018 2017 $520,000 $ 458,800 Cost of goods

Data table Mariner, Inc. Comparative Income Statement Years Ended December 31, 2018and 2017 Revenue Expenses: 2018 2017 $520,000 $ 458,800 Cost of goodssold 250,000 225,000 Selling and general expenses 120,600 115,100 Interest expense 10,0002,500 Income tax expense 52,200 48,000 Total expenses Net income 432,800 390,600

Data table Mariner, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Revenue Expenses: 2018 2017 $520,000 $ 458,800 Cost of goods sold 250,000 225,000 Selling and general expenses 120,600 115,100 Interest expense 10,000 2,500 Income tax expense 52,200 48,000 Total expenses Net income 432,800 390,600 $ 87,200 $ 68,200

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