4. Using the information of the financial statements for Superior Technologies, calculate the following a) b) The wealth generated during the period from the normal activities of the business. The amount remaining after deducting all expenses incurred in generating the sales revenue and taking account of non-operating income and expenses The profit from buying and selling goods, without taking into account any other revenues or expenses associated with the business. c) Superior Technologies Income Statement (Thousands of dollars) 2002 2001 Net sales Cost of goods & services $193,213 128,434 $91,954 60,776 Gross profit Selling, general & admin. Expenses Employee profit sharing &retirement 64,779 26,369 9,831 31,178 13,844 4,167 18.011 13,167 273 Total Overhead Operating profit before interest&tax Other income 36,200 28,579 956 EBIT Interest paid Income tax Net income 29,535 680 28,855 14,712 13.440 505 12,935 6,934 Taxable income 14,143 6,001