Exercise 13-6 Here are the comparative income statements of Flounder Corp.. FLOUNDER CORP Comparative Income Statement For the Years Ended December 31 2017 2016 Net sales Cost of goods sold Gross Profit Operating expenses Net income $628,800 446,600 182,200 79,000 $103,200 $533,500 437,900 95,600 41,600 $54,000