Question: Exercise 13-4 Operating data for Concord Corporation are presented below. 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense

2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income

Exercise 13-4 Operating data for Concord Corporation are presented below. 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $841,900 522,700 121,400 74,400 34,900 88,500 637,200 412,000 75,900 53,100 29,000 67,200

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