Jasper Company provided the following information for last year: Costs Amount Sales in units Selling price 340,000 $14 Direct materials $176,000 Direct labor $498,000 Manufacturing overhead $110,000 Selling expense $428,000 Administrative expense $863,000 Last year, beginning and ending inventories of work in process and finished goods equaled zero. Required: 1. Calculate the sales revenue for last year. 2. Prepare an income statement for Jasper for last year. 2. Prepare an income statement for Jasper for last year. Refer to the list of Labels and Amount Descriptions for the exact wording of text items within your income statement. Be sure to complete the statement heading Label Jasper Company Income Statement (Label) 1. Calculate the sales revenue for last year. The sales revenue for last year is $