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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

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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 Sales revenue Cost of goods sold $269,131 86,360 Gross profit Selling, general & administrative expenses 182,771 16,885 Operating income Interest expense 165,886 6,147 Income before taxes Income tax expense 159,739 5,614 Net income $154,125 Balance sheet information: Current assets Noncurrent assets Current liabilities Long-term debt $261,000 522,000 72,000 144,000

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