Husain, Inc.'s income statement and other financial information for the current year is presented below. Hussain, Inc Income Statement For the year ended December 31 $204,131 Sales revenue Cost of goods sold 73,360 130,771 Gross profit Selling, general & administrative expenses 13,635 117,136 Operating income 4,197 Interest expense 112,939 Income before taxes 4,314 Income tax expense $108,625 Net income Balance sheet information: $254,500 Current assets 509,000 Noncurrent assets 59,000 Current liabilities Long-term debt 118,000