Coca-Cola Company	Transactions for the Year Ended 31 March 2021
Transaction	Amount (£)
Sales revenue	280,000
Cost of goods sold	160,000
Salaries and wages	38,000
Rent expense	19,000
Depreciation expense	11,000
Marketing expense	14,000
Interest expense	7,000

Requirements:

1. Prepare an income statement for Coca-Cola Company for the year ended 31 March 2021.
2. Calculate the gross profit and net profit.
3. Determine the total operating expenses.