K 3 of 4 (4 complete) as no physical location. Results for last year are shown next - es Data Table le 1 2 . B 1 Great Giraffes Traditional Income Statement (Absorption Costing) 3 For the Year Ended December 31 4 Sales revenue $ 1,014,000 5 Less: Cost of goods sold 670,000 6 Gross profit $ 344 000 7 Less operating expenses 8 Selling and marketing expenses S 66,000 Website maintenance expenses 59.000 10 Other operating expenses 18,200 143 200 11 Operating income 5 200.800 8 9 Print Done Kriswer Clear All al y gap lyriyan methon) t . tea ter an: ite: Alag y variatile D unithi, ' Gut Gues Corting made