In its income statement for the year ended December 31, 2022, splish brothers inc. reported the following condensed data.

Operating expenses 723,000

Cost of gold sold 1,271,000

Interest expense 75,000

Interest revenue 36,000

Loss on disposal of plant 16,000

Net Sales 2,224,000

Income Statement For the Year Ended December 31, 2022 Revenues Net Sales \( \$ \longdiv { 2 2 2 4 0 0 0 } \) Interest Revenue Retained Earnings, December 31, 2022 Expenses Cost of Goods Sold $ Operating Expenses Interest Expense Casualty Loss from Vandalism Total Expenses Net Income / (Loss)