(Preparing an income statement) Prepare an income statement and a common-sized income statement from the following information. (Click on the following icon in order to copy its contents into a spreadsheet.) Sales Cost of goods sold General and administrative expense Depreciation expense Interest expense Income taxes Complete the income statement below. (Round to the nearest dollar. NOTE: You may input expense accounts as negative values.) Income Statement Gross profits Total operating expenses Operating income (EBIT) Earnings before taxes Common-sized Income Statement $ $525,346 199,832 61,294 8,470 11,023 97,891 Sales Cost of goods sold Gross profits General and administrative expense $ Donrnciation ovnene Net income Complete the common-sized income statement below. (Round to one decimal place. NOTE: You may input expense accounts as negative values.) 61,294 $ R 170 $ $ $ $ $ 525,346 199,832 325,514 % E % %

(Preparing an income atalement) Prepare an income statement and a common-sized income statement from the following information: (Click on the following icon c in order to copy its contents into a spreadsheet) Complete the income statement below (Round to the nearest dollar NOTE You may input expense accounts as negative values.) Lompure me comnon sized income statement below. (Round to one decmal place NOTE You may input expense accounts as negative values )