Income Statement Income Statement Year Ended December 31, 2020 Revenues: Service revenue $ 404,286 12,429 Dividend revenue $ 416,715 Expenses: Cost of goods sold 137,143 Salary expense 77,143 Depreciation expense 38,571 Advertising expense 6,143 Interest expense 3,000 8,571 270,571 Income tax expense $ 146,144 Net income -