2020 2019 2020 2019 Sales $668,000 Gross profit 324,000 $1,680,000 802,000 Operating expenses 131,000 333,000 Deprecation expense 10,700 12,600 Interest expense 6,500 19,400 Income tax expense 54,000 135,000 Current assets 219,000 $223,000 813,000 $771,000 Property, plant, and equipment (net) 408,000 373,000 905,000 955,000 Current liabilities 177,000 90,000 441,000 480,000 94.000 176.000 220.000 266.000 Long-term liabilities. 18C Cloudy Operating expenses 131,000 333,000 Deprecation expense 10,700 12,600 Interest expense 6,500 19,400 Income tax expense 54,000 135,000 Current assets 219,000 $223,000 813,000 $771,000 Property, plant, and equipment (net) 408,000 373,000 905,000 955,000 Current liabilities 177,000 90,000 441,000 480,000 Long-term liabilities 94,000 176,000 220,000 266,000 220,000 209,000 692,000 642.000 Common shares 136,000 121,000 423,000 398,000 Retained earnings Dollars $ Income Statement Year Ended December 31, 2020 Bimini Corporation Percent % % -/10 Dollars 18C Cloudy A