Lenox, Inc. has an income tax rate of 20%. During the first quarter of 2018 , Lenox reports the following activities: - Gross revenue of $500,000. - Sales returns of $4,000. - Sales discounts of \$7,000. - Cost of goods sold of $260,000. - Wage expense of $135,000. - Total other operating expenses (depreciation, utilities, etc.) of \$86,000. - A loss an the sale of used equipment of $2,000. t. What is Lenox's net revenue for the 1st quarter? : 2. What is Lenox's gross profit for the 1st quarter? \& 3. What is Lenox's operating income for the 1st quarter: 4. What is Lenox's pretax income for the-1st quarter? S What is Lenox's income tax expense for the 1st quarter? 1. What is Lenox's net income after taxes for the 1st quarter