Given Information Income Statement ** 985,000 Net Revenues* Cost of Goods Sold Gross Revenues Returns and Allowances 5,250 round to nearest dollar using excel's =ROUND() function Sales Discounts 21,650 45.0% Gross Profit* COGS Ratio* Depreciation SG&A* Other operating expenses 65,000 185,000 Order from largest to smallest expense 23,600 1,000 Operating Income Misc. other income Misc. other losses 850 24.0% Tax rate Order from largest absolute value to smallest Common Shares Authorized 100,000 Common Shares Issued 75.000 EBIT Common Shares Outstanding 71,000 refer to your calculation 400,000 Mortgage on Buildings Interest Rate on Mortgage Taxable Income 6.0% round to nearest dollar using excel's =ROUND() function 100,000 Bonds Payable Interest Rate on Bonds Net Income 4.5% Earnings Per Share Operating Cash Flow round to nearest cent using excel's =ROUND() function Average Short-term debt Interest Rate on ST Debt 20,000 2.2% Calculate Interest Expense: round to nearest dollar using excel's =ROUND() function Refer to this calculation on the Income Statement * Cost of Goods Sold as a percentage of Net Revenues * Gross Profit = Revenues-COGS * SG&A is Selling, General and Administrative Expenses * Net Revenues are Gross Revenues less any sales discounts, returns, and allowances. ** Enter all numbers as positive numbers, and either add or subtract in the subtotals and total calculations