AutoSave OFF Home Insert Paste J93 Chap 16 Graded Assignment (Template) Draw Page Layout Formulas Data Review View Tell me X [A Calibri (Body) 14 BI U v A A A Wrap Text Currency Merge & Center $ % A B C D E F G H 2 3 Student Name: 4 5 The 2018 income statement and comparative balance sheet of Sweet Valley, Inc. follow: 6 7 B 9 SWEET VALLEY, INC. Income Statement Year Ended December 31, 2018 10 Net Sales Revenue 11 Cost of Goods Sold 12 13 14 15 16 17 18 19 Gross Profit Operating Expenses: Salaries Expense Depreciation Expense-Plant Assets Other Operating Expenses Total Operating Expenses Operating Income Other Income and (Expenses): $445,000 203,200 241,800 $ 77,400 14,500 10,100 102,000 139,800 Interest Revenue 8,200 20 21 22 23 24 Interest Expense Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income (21,100) (12,900) 126,900 19,400 $ 107,500 25 26 27 28 29 SWEET VALLEY, INC. Comparative Balance Sheet December 31, 2018 and 2017 30 2018 2017 31 Sheet1 + Ready 1 7 Cell Conditional Format Formatting as Table Styles a go Share Comments Insert v Delete Format v v Sort & Filter Find & Select Analyze Data Sensitivity L M N P Q R S T U V 118%