Question: (Preparing an income statement) Prepare an income statement and a common-sized income statement from t Sales Cost of goods sold General and administrative expense Depreciation

income statement from t Sales Cost of goods sold General and administrative

expense Depreciation expense Interest expense Income taxes $525,653 199,762 61,464 8,038 11,116

98,109 Income Statement $ Gross profits $ $ Total operating expenses $

Operating income (EBIT) $ Earnings before taxes $ ALALALA Earnings before taxes

(Preparing an income statement) Prepare an income statement and a common-sized income statement from t Sales Cost of goods sold General and administrative expense Depreciation expense Interest expense Income taxes $525,653 199,762 61,464 8,038 11,116 98,109 Income Statement $ Gross profits $ $ Total operating expenses $ Operating income (EBIT) $ Earnings before taxes $ ALALALA Earnings before taxes Net income $

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