Question list Question 1 Question 2 Question 3 Question 4 Question 5 K (Preparing an income statement) Prepare an income statement and a common-sized income statement from the following information. (Click on the following icon in order to copy its contents into a spreadsheet.) Sales Cost of goods sold General and administrative expense Depreciation expense Interest expense Income taxes Depreciation expense Total operating expenses Operating income (EBIT) Interest expense Earnings before taxes Income taxes Common-sized Income Statement. $525,137 199,073 60,106 8,712 11,706 98,216 Sales Cost of goods sold Gross profits General and administrative expense S Depreciation expense Total operating expenses Operating income (EBIT) Interest expense Earnings before taxes Income taxes Net income 8,712 Net income. Complete the common-sized income statement below (Round to one decimal place. NOTE You may input expense accounts as negative values.) 60,106 8,712 S S $ $ S S $ $ S 68,818 257,246 11,706 245,540 98,216 147,324 525,137 199,073 326,064 68,818 257,246 11,706 245,540 98.216 147,324 % % % % % % e

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