Second Question: Complete the following Income statement for the year $2023$: $(5$ Marks$)$

Please show all calculations.

$\backslash$table$[[$PETRA$-2$ CORPORATION$],[$Income Statements For the Years Ended December $31],[$Sales$,2023,],[$Cost of goods sold,,$],[$Gross profit,,$],[$Operating expenses,,$],[$Net operating income $($EBIT$),16000,],[$Interest expense,,$],[$Net income before taxes,,$],[$Less income taxes $(40\%),,],[$Net income,,$]]$

additional information:

$\backslash$table$[[,2023],[$times interest earned,$10],[$gross profit ratio,$47\mathrm{.}5\%$