Metlock Ltd. had sales revenue of 529,200 in 2022. Other items recorded during the year were: Cost of goods sold 323,400 Selling expenses 117,600 Income tax 24,500 Increase in value of employees 14,700 Administrative expenses 9,800 1 Prepare an income statement for Metlock for 2022. Metlock has 100,000 shares outstanding. (Round earnings pe Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Administrative Expenses Income Before Income Tax Income Tax Net Income/(Loss) Earnings Per Share Income Statement For the Year Ended December 31, 2022 117600 i 9800 i E 529200 323400 i 205800 78400 29400 24500 53900 0.539