In its income statement for the year ended December 31, 2017, Teal Mountain Inc. reported the following condensed data. Operating expenses $841,000 Interest revenue $38,280 Cost of goods sold 1456,960 Loss on disposal of plant assets 19,720 2,552,000 Interest expense 81,200 Net sales Other comprehensive income (net of $1,390 tax) Income tax expense 54,520 9.630 Prepare an income statement. TEAL MOUNTAIN INC Income Statement For the Year Ended December 31, 2017 Sales