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Chec Below are amounts found in the income statements of three companies. Company Henry Grace James Sales Revenue $34, eee 37,000 42,000 Cost of Goods

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Chec Below are amounts found in the income statements of three companies. Company Henry Grace James Sales Revenue $34, eee 37,000 42,000 Cost of Goods Sold $ 5,100 25,530 25,620 Operating Expenses $ 5,108 13, 200 3,100 Non-Operating Expenses $2,100 7,108 e Income Tax Expense $2,100 e 3,180 Required: 1. For each company, calculate (a) gross profit, (b) operating income, (c) Income before income taxes, and (d) net income (Nega amounts should be indicated by a minus sign.) Henry Grace Operating Income Before Net Income Gross Profit Income Income taxes Loss $ 28,900 $ 23,800 $ 21,700$ 19,600 11,470 (8.830) 16,380 James

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