Administrative expense

Officers' salaries

$$5,297$

Depreciation of office furniture and equipment

$4,357$

Cost of goods sald

$60,967$

Rent revenue

$17,627$

Selling expense

Delinery expense

$3,097$

Sales commissions

$8,377$

Depreciation of sales equipment

$6,877$

Sales ravanue

$96,897$

Income tax

$9,467$

Interest experae

$2,257$

$($a$)$

SHEFFIELD COMPANY

Income Statement

$($In thousands, except earnings per share$)$

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