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Exercise 13-6 Here are the comparative income statements of Ayayai Corp.. AYAYAI CORP. Comparative Income Statement For the Years Ended December 31 2017 2016 Net

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Exercise 13-6 Here are the comparative income statements of Ayayai Corp.. AYAYAI CORP. Comparative Income Statement For the Years Ended December 31 2017 2016 Net sales Cost of goods sold Gross Profit Operating expenses Net income $632,600 463,600 169,000 79,300 $ 89,700 $521,900 410,400 111,500 47,200 S64,300

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