Only number 5 must be answered everything else was completed in the excel chart below. Please dont miss any information thankyou!!

VIRTUAL GAMING SYSTEMS Income Statements For the years ended December 31 2019 2018 Net sales $3,560,000 $3,086,000 2.490,000 1,070,000 1,960,000 1,126,000 Cost of goods sold Gross profit Expenses. 965,000 40,000 Operating expenses Depreciation expense Loss on sale of land Interest expense Income tax expense 23,000 9,000 1,037,000 $ 33,000 868,000 32,000 9,000 20,000 58,000 987,000 $ 139,000 Total expenses Net income