Question: please do show all work 4. Using the following information, construct a Formal Income Statement for the Aria Corporation. Use end of current year for

 please do show all work 4. Using the following information, construct
please do show all work

4. Using the following information, construct a Formal Income Statement for the "Aria Corporation". Use end of current year for date. Times Interest Earned Gross Profit Rate 20% (hint: this helps you figure out Sales along with COGS) Tax rate 30% COGS $1,600,000 Interest expense $ 50,000 General and Administrative expenses ????????? Sales ?????????? Gross Profit ?????????? EBIT ?????????? EBT ?????????? EAT

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