Answer letters F-J please

P18-2 he comparative statements of Painter Tool Company are presented below and on page 880. PAINTER TOOL COMPANY Income Statement For the Years Ended December 31 2014 2015 Net sales 1,750,500 $1,818,500 Cost of goods sold 996,000 1,011,500 Gross profit 754,500 807,000 Selling and administrative expenses 479,000 499,000 Income from operations 275,500 308,000 Other expenses and losses 14,000 Interest expense 18,000 261,500 Income before income taxes 290,000 77,000 87,000 Income tax expense 184,500 203,000 Net income Compu sheet at (LO 5)