Question: Please Help with the ones that I got wrong in red color!!! Joyner Company's income statement for Year 2 follows Sales Cost of goods sold

Please Help with the ones that I got wrong in red color!!!

Please Help with the ones that I got wrong in red color!!! Joyner Company's income statement for Year 2 follows Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: 710,000 272.000 438,000 217,000 221,000 Gain on sale of equipment Income before taxes Income taxes Net income 6,000 227,000 68,100 $158,900

Joyner Company's income statement for Year 2 follows Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: 710,000 272.000 438,000 217,000 221,000 Gain on sale of equipment Income before taxes Income taxes Net income 6,000 227,000 68,100 $158,900

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