Fill in the missing values for the income statement below given the following information: Net margin is 10% Gross margin is 31 Direct labor costs are 45% of the amount of Direct materials costs Tax rate is 35% 6) 4 Mashayekhi and Meckstroth Merchandising, Inc. Income Statement as of the year ending September 30, 2017 7 (in thousands Sales revenue Less: Cost of goods sold $ 144,000 10 31,000 12 13 14 Direct materials Direct labor Manufacturing overhead Total cost of goods sold $ 144,000 Sales revenue 10 Less: Cost of goods sold 31,000 12 13 Direct materials Direct labor Manufacturing overhead Total cost of goods sold Gross profit Less: Operating expenses 15 16 17 18 7,100 Selling expenses General and administrative expenses Total operating expenses Earnings before interest and taxes Interest expense Income before income taxes Income tax expense NET INCOME (LOSS) 20 21 6,850 23 24 26