The income statement, balance sheets, and additional information for Virtual Gaming Systems ING SYSTEMS Income Statement For the Year 2018 Net sales Gain on sale of land $ 2,580,000 6,000 Total revenues 2,586,000 Expenses: Cost of goods sold Operating expenses Depreciation expense Interest expense Income tax expense $ 1,640,000 613,000 31,000 32,000 78,000 Total expenses 2,394,000 Net income S 192,000