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The income statement for Illinois Communications follows. Assume Illinois Communications signed a 1 2 0 - day, 6 % , $ 8 , 0 0

The income statement for Illinois Communications follows. Assume Illinois Communications signed a 120-day, 6%,$8,000 note on June 1,2016, and that this was the only note payable for the company. (Click the icon to view the income statement.)
Requirements
Fill in the missing information for Illinois's year ended July 31,2016, income statement.
Compute the times-interest-earned ratio for the company.
Sales Revenue
Less: Sales Returns and Allowances
Sales Discounts
Net Sales Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses:
Selling Expenses
Administrative Expenses
Total Operating Expenses
Operating Income
Other Revenues and (Expenses):
Interest Expense
Total Other Revenues and (Expenses)
Net Income before Income Tax Expense
Income Tax Expense
Net Income
$,34,000
(5,000)
(2,800)
\table[[26,200],[(10,000)
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