Green Light Emissions Everyday (otherwise known as GLEE Corporation) has sales of $636,000 and COGS of $139,000 for the year ended March 31, 2023. It also has selling expenses of $64,000 and administrative expenses of $54,000. Prepare an income statement under ASPE taking into account income tax expense. Assume a tax rate of 31%.

Do not enter dollar signs or commas in the input boxes. Do not use negative signs for any values.

GLEE Corporation
Income Statement
For the Year Ended March 31, 2023
Sales		Answer
Cost of Goods Sold		Answer
Gross Profit		Answer
Operating Expenses
Selling Expenses	Answer
Administrative Expenses	Answer
Total Operating Expenses		Answer
Income from Operations		Answer
Income Tax Expense		Answer
Net Income		Answer