Question: Question 11 of 18 2: -/1 Current Attempt in Progress In its income statement for the year ended December 31, 2022, Sage Hill Inc.

Question 11 of 18 2: -/1 Current Attempt in Progress In its

Question 11 of 18 2: -/1 Current Attempt in Progress In its income statement for the year ended December 31, 2022, Sage Hill Inc. reported the following condensed data. Operating expenses Cost of goods sold $ 638,000 Interest revenue $ 29,040 1,105,280 Loss on disposal of plant assets 14,960 Interest expense 61,600 Net sales 1,936,000 Income tax expense 41,360 Other comprehensive income (net of $1,056 tax) 7,304 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) SAGE HILL INC. Income Statement A SUPPORT

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