It is your first day on the job at EquiPhase, and you've come across a set of seemingly random financial information. Your boss asks you to make sense of it all (and you are not quite sure that you need all the data). Here are the data. Year 2 (p Year 1 Other expenses 308 238 Depreciation 750 772 1,587 Cost of goods sold 1,810 Inventory 5,340 5,480 Interest 267 301 5,023 Sales 5,260 Accounts receivable 2,836 3,095 Short-term notes payable 429 597 Long-term debt 9,702 8,055 21,728 Net fixed assets 21,990 Accounts payable 2,177 2,195 1,712 1,640 Cash Dividends 344 408 Tax rate 21% 21% Analysis of Income Statement: What is the Net Income for Year 1 (to the nearest whole dollar)? A. $1,888 B. $1,668 C. $1,393 D.$1,569 E. $3.128