Income statement relations Selected income statement information for Lenovo Group Limited (Lenovo), a Hong Kong personal computer manufacturer, for two recent years appears in the following display based on Lenovo€™s financial statements for the year ended March 31, 2008. Lenovo applies Hong Kong financial reporting standards and reports its results in thousands of U.S. dollars. In answering this question, assume Lenovo uses either U.S. GAAP or IFRS: for purposes of this problem, this choice will not matter.
Compute the missing amounts for 2007 and2008.

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2007 2008 Sales $16,351,503 $13,978,309 Cost of Goods Sold. Selling and Administrative Expenses 13,901,523 12,091,433 1,103,713 1,033,296 Gross Profit Profit Before Taxes 488, 150 Advertising Expenses . Research and Development Expense 595,902 196,225 229,759 Other Income (Expense). Income Tax Expense Net Income . 18,130 47,613 26,197 484,708