CAKLA VISTA, INC.

Income Statement

For the Year Ended December $31,2021$

Sales revenue

Cost of goods sold

Gross profit

$$460,000$

$270,000$

$190,000$

Expenses $($including $$22,000$ interest and $$40,000$ income taxes$)$

$\frac{270,000}{190,000}$

Net income

$\backslash$table$[[120,000],[$$$70,000$