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In its income statement for the year ended December 31, 2022, Marin Inc. reported the following condensed data. Operating expenses $928,000 Interest revenue $42,240
In its income statement for the year ended December 31, 2022, Marin Inc. reported the following condensed data. Operating expenses $928,000 Interest revenue $42,240 Cost of goods sold 1,607,680 Loss on disposal of plant assets 21.760 Interest expense 89,600 Net sales 2,816,000 Income tax expense 60.160 Other comprehensive income (net of $1.536 tax) 10,624 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number eg-45 or parentheses e.g. (451) MARIN INC. Income Statement For the Year Ended December 31, 2022 Net Sales Gross Profit Income From Operations 63 54 85 9 444 711 20 7 88>
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