Data table Mariner, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Revenue Expenses: 2018 2017 $520,000 $ 458,800 Cost of goods sold 250,000 225,000 Selling and general expenses 120,600 115,100 Interest expense 10,000 2,500 Income tax expense 52,200 48,000 Total expenses Net income 432,800 390,600 $ 87,200 $ 68,200