In its income statement for the year ended December 31, 2017, Teal Mountain Inc.reported the following condensed data. Operating expenses $667,000 Interest revenue Cost of goods sold 1,155,520 Loss on disposal of plant assets Interest expense ncome tax expense 43,240 Other comprehensive income (net of $1,100 tax) $30,360 15,640 2,024,000 7,640 64,400 Net sales