FURNITURE STORE Income Statement Units sold Price per unit Total Cost per Unit Sold 790,121 $ 850.00 $ 502.55 Revenue Cost of Goods Sold Gross Profit (Margin) Operating Expenses Marketing Sales Rent Utilities Net Income Before Taxes $ $ $ $ 14,800 67,800 32,000 7.150 18% Tax Rate Taxes Net Income Problem Income Statement Complete the income statement. Work through without pushing undo" (lowing any previous changes the way they are) Answers A) Net income Net income frent de created by 5.1009 C) Insert an operating expense called "RAD Costa 511300 and increase utilities to $10,586. What is the new net income? DWhat are taxes if the tax rate is a third of the current What is the final net income 16 12