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11) Craigco extracted the following information from their books for the year ended Sept. 30, 2020: Interest Expense $ 55,000.00 Cost of Goods Sold $

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11) Craigco extracted the following information from their books for the year ended Sept. 30, 2020: Interest Expense $ 55,000.00 Cost of Goods Sold $ 275,000.00 Selling and admin expenses $ 45,000.00 Taxes $ 22,000.00 Depreciation Expense $ 85,000.00 Sales $ 575,000.00 Prepare an income statement for Craigco for 2020

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