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Income Statement begin{tabular}{|c|c|c|} hline begin{tabular}{c} Antique Mills Income Statement Year Ended December 31, 2024 end{tabular} & & hline Net Sales Revenue &

image text in transcribedimage text in transcribed Income Statement \begin{tabular}{|c|c|c|} \hline \begin{tabular}{c} Antique Mills \\ Income Statement \\ Year Ended December 31, 2024 \end{tabular} & & \\ \hline Net Sales Revenue & $ & 7,300 \\ \hline Cost of Goods Sold & & (a) \\ \hline Selling and Administrative Expenses & & 1,730 \\ \hline Interest Expense & & (b) \\ \hline Other Expenses & & 135 \\ \hline Income Before Income Taxes & & 1,250 \\ \hline Income Tax Expense & & (c) \\ \hline Net Income & & (d) \\ \hline \end{tabular} Print Done Antique Mills' income statement appears as follows (amounts in thousands): (Click the icon to view the income statement.) Use the following ratio data to complete Antique Mills' income statement: 1. Inventory turnover was 4.00 (beginning Merchandise Inventory was $830; ending Merchandise Inventory was $790 ). 2. Profit margin ratio is 16%. (Enter amounts in thousands as provided to you in the problem statement. Round your answer to the nearest thousands.)

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