MPA Group of Companies comparative income statement for years ended 31 December 2019 2020 Revenues and Gains 495,500 *Sales Revenue 278,500 *Interest Revenue 71,700 *Investment Income 101,500 *other Revenue Total revenue and gains Expenses and losses cost of goods sold 450,000 selling and administrative 185,000 computer (operating) 42,500 depreciation 50,000 Interest Expense 28,400 Total Expenses and losses income before tax income tax expense (25%) Net income 1. complete expenses which have decreased by 1/2% over 2020 values