: 1,050,000 35,000 15,000 720,000 70,000 90,000 20,000 12,000 24,000 . 20. : .

The following data were extracted from the books of the Saudi Food Industries Company:The companys sales were 1,050,000 riyals. Sales returns were 35,000 riyals. Sales allowances were 15,000 riyals. The cost of sales was 720,000 riyals. Selling expenses were 70,000 riyals. Administrative and general expenses were 90,000 riyals. The company achieved revenues from its financial investments of 20,000 riyals and losses as a result of the sale. Long-term assets were 12,000 riyals, and interest payments were 24,000 riyals. If you know that the company is subject to taxes at a rate of 20 It is required to prepare an income statement.

: 1,050,000 35,000 15,000 720,000 70,000 90,000 20,000 12,000 24,000