In it's income statement for the year ended December 31, 2022, Pronghorn Company reported the following condensed data. Operating expenses Cost of goods sold Interest expense $734,620 1,336,500 71,360 Interest revenue Loss on disposal of plant assets Net sales $32,650 19,160 2,406,400

In its income statement for the year ended December 31, 2022, Pronghorn Company reported the following condensed data