Income statement for Gaidar Company for 2014 and 2015 follow: GAIDAR COMPANY Income Statement 2014 2015 $200,300 $180,300 Sales Cost of goods sold 142,600 120,600 Selling expenses 20,500 18.500 Administrative expenses 12.100 14,100 3,800 Interest expense 5,800 $179,000 $159,000 Total expenses Income before taxes 21,300 21,300 Income taxes expense 6,100 3,700 15,200 17,600 Net income