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Data table begin{tabular}{lr} multicolumn{1}{c}{J.P.RobardMfg.,Inc.IncomeStatement($000)} Net sales (all credit) & $7,950 Cost of goods sold & (3,230) Gross profit & $4,720 Operating

image text in transcribedimage text in transcribed Data table \begin{tabular}{lr} \multicolumn{1}{c}{J.P.RobardMfg.,Inc.IncomeStatement($000)} \\ Net sales (all credit) & $7,950 \\ Cost of goods sold & (3,230) \\ Gross profit & $4,720 \\ Operating expenses (includes & (2,980) \\ \$500 depreciation) & $1,740 \\ Net operating income & (353) \\ Interest expense & $1,387 \\ Earnings before taxes & (485) \\ Income taxes (35\%) & $902 \\ Net income & ic \\ \cline { 2 - 2 } on the icon in order to copy its contents into a spreadsheet.) \end{tabular}

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