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1. Given the following information, construct an income statement and determine if there was a profit or loss (Figures are in SOOO. Sales Cost of
1. Given the following information, construct an income statement and determine if there was a profit or loss (Figures are in SOOO. Sales Cost of Goods Sold Operating Expenses Interest Expense Taxes $3,015,534 $2,020,954 $ 193,628 $ 15,188 $ 67,807 Net Sales COGS GM Expenses Profil Loss Taxes Net Profit After Taxes Profit or loss? ALT FI PC ALT ENFIOMS
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