An extract of the income statement and the statement of financial position for BK Engineering Pte Ltd are given as follows: BK Engineering Pte Ltd Income Statement (extract) For the year ended 31st December 20X2 Sales revenue Cost of goods sold Gross Profit Interest revenue Loss on sale of fixed assets 325,000 98,500 226,500 1,800 (2.000 226,300 Total revenue and loss Depreciation expense Other operating expense Total expense 10,400 89,000 Profit before tax Income tax expense Profit after tax 99.400 126,900 5,500 121.400