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Name To follow is selective information for Borch Corporation at 12/31/17 Cost of Goods Sold Selling Expenses Wage & Salary Expense Depreciation Expense Insurance Expense

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Name To follow is selective information for Borch Corporation at 12/31/17 Cost of Goods Sold Selling Expenses Wage & Salary Expense Depreciation Expense Insurance Expense Net Sales Interest Expense Fulfilllment & Shipping Expense $1,175,000 $45,000 $ 105,000 $25,000 $15,000 $1,800,000 $5,000 $84,000 REQUIREMENT: Prepare in good form the Income Statement for 2017 NOTE: Include the Gross Profit %, and Net income %

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