Preparing an income statement) Prepare an income statement and a common-sized income statement from the following infomation. es Cost of goods sold General and administrative expense Depreciation expense Interest expense $525,266 199,805 60,358 8,612 11,193 98,119 e taxes (Click on the icon located on the top-right comer of the data table above 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.) Income Statement Gross prfits Total operating expenses Operating income (EBIT) Farninns hefore taves Choose from any list or enter any number in the input fields and then click Check Answer. part remaining Clear All MacBook Ai