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Fuzzy Button Clothing Company Income Statement for Year Ending December 3 1 table [ [ , Year 1 , Year 2 ( Forecasted )

Fuzzy Button Clothing Company
Income Statement for Year Ending December 31
\table[[,Year 1,Year 2(Forecasted)],[Net sales,$20,000,000,],[Less: Operating costs, except depreciation and amortization,14,000,000,],[Less: Depreciation and amortization expenses,800,000,800,000],[Operating income (or EBIT),$5,200,000,],[Less: Interest expense,520,000,],[Pre-tax income (or EBT),$4,680,000,],[Less: Taxes (40%),1,872,000,],[Earnings after taxes,$2,808,000,$
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