net sales were:

gross profit was:

income from operations was:

net income was:

Darnold Company's ledger showed the following income statement balances as of December 31, 2015, the end of the company's fiscal year: Dr Cr 326,000 Sales Sales Returns & Allowances Sales Discounts Cost of Goods Sold Salaries Expense Rent Expense Utilities Expense Delivery Expense Insurance Expense Interest Expense Gain on Sale of Equipment 18,000 6,000 125,000 83,000 39,000 12,000 9,000 4,000 7,000 16,000 Net Sales were