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f the following information is for the Smith Company for the year ended 2019 Sales Revenue is $57,050.68, the COGS is $24,984.79, the rent expense
f the following information is for the Smith Company for the year ended 2019 Sales Revenue is $57,050.68, the COGS is $24,984.79, the rent expense is $9,000, the Bank Fee Expenses are $9.43, the Equipment Expenses are $742.40, the Marketing Expenses are $503.53, and the Administrative Expenses are $794.19. The company get a loan with $50,000 with annual Interest rate equal to 10% if the tax rate is 62.3%. Prepare the income statement for this firm for the year ended 2019?
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