2018	2017	2016	2015
Net Revenues and Gains Expenses and Losses	$30,250,000	$28,930,000	$27,610,000	$22,990,000
Cost of Sales	16,416,000	13,122,000	10,632,600	9,936,000
Gross Profit	13,834,000	15,808,000	16,977,400	13,054,000
Operating Expenses	3,476,000	3,382,500	3,179,000	2,530,000
Other Expenses	5,027,000	4,362,600	3,460,600	2,435,400
Net Income Before Taxes	5,331,000	8,062,900	10,337,800	8,088,600
Taxes	1,119,510	1,693,209	2,170,938	1,698,606
Net Income After Taxes	$4,211,490	$6,369,691	$8,166,862	$6,389,994
Common Shares Outstanding	3,000,000	3,000,000	3,000,000	$3,000,000

3. Assume Dash Spencer, LLP breached the duty of care owed to the Booster Bank. Were damages sustained by the Booster Bank caused by Dash Spencer's breach of the duty of care? In answering this question do the following: (a) correct the 2018 income statement using the analysis in question 2 above; (b) perform ratio analysis on the four year's income (as originally stated and then after your corrections in requirement a) to determine if the firm actually had a pattern of income stability. Calculate standard profitability ratios (Return on Sales, Gross Profit Margin, Earnings per share, plus any other analysis you wish to perform.)