building income statement Violation's medical supplies, Inc. had product sales on$ 817,000 and rental sales of $121000 for 2019. The cost of the product sold was$ 389,000. In addition, the company incurred $143000, in expense for its worker , $14000 for utilities and $83000 to lease its warehouse space, viola was paid $85,000 for his management of his business. The company purchase $80,000 of new equipment during the year, depreciation of warehouse equipment was$51,000 and interest expense on the company's credit line was $ 38,000 . The company has an effective tax rate of 21? Percent. Complete the full income statement for viola's medical supplies. What is the net income for this firm? Input Area: Product sales? Rental sales? Cost of good sold? Wages expense? Utility expense? Warehouse lease? Management salaries? Depreciation expense? Interest expense? Tax rate? Output Area: Product sales revenue$ Rental sales revenue $ Total revenue$ Expenses: Cost of goods sold $ Wages expense Utility expense Warehouse expense Management salaries Depreciation expense EBIT Interest expense EBT Taxes(0%) Net income 1. Calculate income statement 2. Cal. Balance sheet 3. Calculate cash flow