E Ch 4: End-of-Chapter Practice Question 7 of 46 View Policies Current Attempt in Progress The following information is available for Teal Mountain, Inc. for the year 2017. $11,100 8,350 121,500 2,300 Administrative expense Officers' salaries Depreciation of office furniture and equipment Cost of goods sold Rent revenue Selling expense Delivery expense Sales commissions Depreciation of sales equipment Sales revenue Income tax 6,000 16,930 13,400 243,000 12,600 3.120 Interest expense Common shares outstanding for 2017 total 22,000 (000 omitted). Ch 4: End-of-Chapter Practice Question 7 of 46 -/1 TEAL MOUNTAIN COMPANY Income Statement (In thousands, except earnings per share) e $ M Ace * Ch 4: End-of-Chapter Practice Question 7 of 46 -/1 $ e Textbook and Media