PRINTER VERSION BACK JRCES Exercise 168 Prepare a 2017 income statement for Shanta Corporation based on the following information: Cost of goods sold $490,000 Operating expenses 100,000 Other expenses and losses 30,000 Sales revenue 700,000 Tax rate 30% Study SHANTA CORPORATION Income Statement For the Year Ended December 31, 2017 > > > > > > > > > Click if you would like to Show Work for this question: Open Show Work 429 PM