Jasper Company provided the following information for last year. Costs Amount Sales in units 310,000 Selling price $15 Direct materials $170.000 Direct labor $499,000 Manufacturing overhead $110,000 Selling expense $423.000 Administrative expense S863.000 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