Dolfin Company Income Statement For the Year Ended December 31, 2020 1 Sales $319,340.00 2 Expenses: 3 Cost of merchandise sold $217,151.20 41,514.20 4 Selling expenses Administrative expenses 5 35,127.40 6 Interest expense 275.00 7 Total expenses 294,067.80 8. Net income $25,272.20 FinQuestions Shaded cells have toedback The auditor has asked you to prepare additional information about Dolfin Company's results for last year. Use the data shown on the income statement in your computations 1. Compute the operating expenses for Datin Company Points 0/1 2. Compute the gross profit for Dalfin Company IS Points 0/1 3. Compute the income from operations for Dolfin Company