Question: Income statement. Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of

Income statement. Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of dollars):

Shares outstanding: $16,731,000

Tax rate: 37.5%

Interest expense: $6,126

Revenue: $889,301

Depreciation: $31,382

Selling, general, and administrative expense: $77,503

Other income: $1,247

Research and development: $4,191

Cost of goods sold: $750,714

Note:Enter all expenses as negative numbers.

(Round the income statement accounts to the nearest thousand dollars and the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.)

Income Statement

Barron Pizza, Incorporated

Year Ending 2015 (thousands of dollars)

$

$

Gross profit

$

$

$

$

Operating income

$

$

EBIT

$

$

Income before tax

$

$

Net income

$

Shares outstanding

Earnings per share

$

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