Blue Spruce Corp.

Income Statement

For the Year Ended December $31,2022$

Sales revenue

$$393,000$

Less:

$\backslash$table$[[$Cost of goods sold,$$134,900,],[$Operating expenses, excluding depreciation,$11,500,],[$Depreciation expense,$30,600,],[$Income tax expense,$26\mathrm{.}400,],[$Interest expense,$4,800,],[$Loss on disposal of plant assets,$7,500,215\mathrm{.}700],[$Net ing,,$$177\mathrm{.}300$