please help answer the income statement

The income statement, also known as a profit and loss (PsL) statement, provides a snapshot of a company's financial performance during a specified period of time. It reports a firm's gross income, expenses, net income, and the income that is available for distribution to its preferred and common shareholders. The income statement is prepared using the generally accepted accounting principles (GAAP) that match the firm 's ravenues and expenses to the period in which they are incurred, not necessarily when cash is received or paid. Investors and analysts use the information presented in the income statement, and the other financial statements and reports, to evaluate the company's financiai performance and condition. Consider the following scenario: Cold Goose Metal Works Incis income statement reports data for its first year of operation. The firmis cEO would like sales to increase by \25 next year. 1. Cold coose is able to achieve this level of increased sales, but its interest costs increase from \10 to \15 of eamings before interest and taxes (EArT). 2. The company's operating costs (excluding depreciation and amortization) remain at \60.00 of net sales, and its depreciation and amortization expenses remain constant from year to year. 3. The company's tax rate remains constant at \40 of its pre-tax income or earnings before taxes (EBT). 4. In Year 2, Cold Goose expects to pay \\( \\$ 200,000 \\) and \\( \\$ 1,055,700 \\) of preferred and common stock dividends, respectively. Years Ending December 31