Administrative and selling Expenses $420,000 Cost of Goods Sold 1,400,000 Rent on corporate headquarters 75,000 Marketing and Advertising 400,000 Sales Revenue 2,800,000 Straight-line depreciation on office equipment 100,000 Construct an income statement for Ballentine Manufacturing to reflect their net income for 2017. Ballentine Manufacturing Income Statement For Year Ending 2017