Question: QUESTION INFORMATION: The table below is organized alphabetically and provides financial information for the Trevino Company for both 2019 and 2020. 2019 2020 Interest expense

QUESTION INFORMATION: The table below is organized alphabetically and provides financial

QUESTION INFORMATION: The table below is organized alphabetically and provides financial information for the Trevino Company for both 2019 and 2020. 2019 2020 Interest expense Inventory, beginning balance Inventory, ending balance Net sales $20 $225 $100 $850 $190 $44 $100 $380 $1,280 $270 Operating expenses In both years, Trevino's gross margin is 30 percent of net sales and its tax rate is 20 percent. QUESTION TO ANSWER: Trevino's 2020 net income is $

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