Homework: Chapter 3 Homework Save Score: 0 of 1 pt 1 of 7 (1 complete) HW Score: 0%, 0 of 10 pts P3-1 (similar to) Question Help Related to Checkpoint 3.1) (Working with the income statement the end of is third year of operations, the Sandifor Manufacturing Co had 54.517.000 in revenue 53.337.000 in cost of goods sold, 5450,000 in operating expenses which included depreciation expense of 147.000, and a tax liability equal to 3 percent of the firm's taxable income. What is the net income of the firm for the year? Complete the income statement for Sandler Manufacturing Co.: (Round to the nearest dollar) Revenues Less: Cost of Goods Sold $ $ Equas Gross Profit $ Less: Opening Expenses Equals: Net Operating income 5 Less Wrest Expenses 5 Question Equals: Earnings before taxe Less: Income Taxes - 5 Equals: Not Income 5