East Coast Furniture Inc. provided the following data from the company's records for the year ended November 30, 202 Income Statement Revenues: Sales revenue $689,200 Dividend revenue 16,700 Total revenue 705,900 Expenses and losses Cost of goods sold 376,300 Salary and wages expense 135,100 Depreciation expense 65,800 Other operating expense 24,600 Interest expense 26,300 Income tax expense 16,700 Loss on sale of investments 20,800 Total expenses and losses 665,600 Net income $ 40,300 And the following information as at November 30, 2020 Balance Sheet Current assets Increase (decrease) Cash and cash equivalents $( 8,100)