Argentina Company gathered the following condensed data for the year ended December 31, 2015:

Cost of goods sold		$750,000
Net sales		1,200,000
Operating expenses		275,000
Interest expense		48,000
Dividend revenue		38,000
Casualty loss from vandalism		125,000

Prepare a single-step income statement for the year ended December 31, 2015 ARGENTINA COMPANY Income Statement