Need on this assignment I need to put in the number there the should be in the spreed sheet I want to know if my calculations are right .i use the current year which is 2012.

y D Martin Manufacturing Ca 400 FINANCX Downloads loads/Martin%20Manufacturing%20Case%20(1).pdf here on the bookmarks bar. Import bookmarks now .. Assessing Martin Manufacturing's Current Financial Position Martin Manufacturing Company Income Statement for the Year Ended December 31, 2012 Sales revenue Less: Cost of goods sold Gross probts Less Operating exp ense $5,075,000 3.704.000 $1,371,000 $650,000 Selling expense General and administrative expenses 416,000 Depreciation expense 152 000 Total oper ating expense Operating pro fts Less. Interest exp ense Net proSts before tac es Less: Taxes (rate-40%) Net profits after taces Less Preferred stock dividends Earnings awailable for common 1,218,000 153,000 93,000 60,000 -24.000 36,000