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Income Statement/rax Return Income Expenses OrganizationexpensesOfficersalariesSalariesandwagesRentUtilitiesAdvertisingRepairsTaxes5,707800,000240,00076,80012,00030,0002,00010,000$15,600800,000240,00076,80012,00030,0002,00010,000 TaxesEmployeebenefitsInterestOfficesuppliesDepreciationTotalexpenses10,0002,00010,0007,00075,200$1,270,70710,0002,00010,0007,00030,400$1,235,800 Net income before contributions $625,693 $ 663,000 Charitable cash contributions Pre-tax income $469,270156.423$463,000200.000 Federal tax expense Net income
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