NOTE: Each highlighted cell should contain a cell address or formula. When adding a column of numbers, use the SUM function. Follow general instructions given earlier. NAME: DATA Administrative Expenses Cost of Goods Sold Gain on Sale of land General Expenses Income Tax Expense Net Sales Selling Expenses $ 19,000 385,000 51,000 30,000 30.0% 710,000 55,000 II. INCOME STATEMENT 3 BARKER'S BUSINESS Income Statement For the Year Ended December 31, 2018 4 5 6 7 8 Gross Profit Total Operating Expenses Income from Operations 10 31 32 33 34 35 36 37 38 39 40 41 42 Income before income taxes Net Income