1. Daniels Company reports the following year-end account balances at December 31,2022.

Accounts payable ..$120,000Inventory $240,000Accounts receivable ..$40,000Land...$100,000Bonds payable, long-term $450,000Goodwill.$10,000Buildings ..$160,000Retained earnings $15,000Cash.$150,000Sales revenue ...$600,000Common stock $100,000Supplies inventory $5,000Cost of goods sold .$300,000Supplies expense .$20,000Equipment ...$80,000Wages expense $200,000

What is Daniels Companys net income for 2022? Fill in the below -

SalesCosts of Goods SoldGross ProfitExpenses (list these please)Total expensesNet Income BEFORE tax