Comparative Income Statements For Years Ended December 31 2021 2020 2019 Sales $451,628 $345,984 $240,100 Cost of goods sold 271,880 218,316 153,664 Gross profit 179,748 127,668 86,436 Selling expenses 64,131 47,746 31,693 Administrative expenses 40,647 30,447 19,928 Total expenses 104,778 78,193 51,621 Income before taxes 74,970 49,475 34,815 Income tax expense 13,944 10,142 7,067 Net income $61,026 $39,333 $27,748