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How did we get profit before income tax nut ently. The company trades exclusively in running equipment and invests firms. You are considering investing into

image text in transcribedHow did we get profit before income tax
nut ently. The company trades exclusively in running equipment and invests firms. You are considering investing into Great World Trading Limited. The company I financial statements (i.e., income statement and balance sheet) for 2027 and 2028. Income Statement December 31,2027 Dec Sales Revenue Cost of Goods Sold Gross Profit $201,561,025.00 $94,972,000.00 $106,589,025.00 Selling and Distribution Expenses Administrative Expenses Other Income Gain (Loss) on Sale of Land Gain (Loss) Sale of Equipment Impairment Loss Operating Profit -$41,598,000.00 -$24,001,000.00 $5,605,000.00 -$2,580,010.00 $6,842,510.00 -$1,400,000.00 S49,457,525.00 Finance Income Finance Costs Finance Costs (Net) $2,453,000.00 -$19,890,000.00 -$12,437,000.00 Share of Net Gain (Loss) from Associates Share of Net Gain (Loss) from Joint Venture $4,287,000.00 $25,069,000.00 Profit Before Income Tax Income Tax Net Income $57,802,525.00 -$14,450,631.25 $43,351,893.75

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