Income statements for Rundle Company for Year 3 and Year 4 follow: RUNDLE COMPANY Income Statements Sales Cost of goods sold Selling expenses Administrative expenses Interest expense Total expenses Income before taxes Income taxes expense Net income Year 4 $201,100 Year 3 $181,100 143,800 121,800 20,400 18,400 12,800 14,800 3,600 5,600 $180,600 $160,600 20,500 6,300 $ 14,200 20,500 3,600 $ 16,900