Operating data for Bramble Corp. are presented as follows. 2022 2021 Sales revenue $842,100 $637,500 Cost of goods sold 522,102 408,000 Selling expenses 117,894 77,775 Administrative expenses 75,789 54,825 Income tax expense 33,684 29,325 Net income 92,631 67,575 BRAMBLE CORP. Condensed Income Statement 2022 Amount Percent Amount Sales $842,100 % $637,500 Cost of goods sold 522.102 % 408,000 Gross profit 319,998 229,500 Selling expenses 117,894 77,775 Administrative expenses 75,789 % 54,825 Total operating expenses 193,683 % 132,600 2021 96,900 33.684 % 29,325 Percent se % . s * * $92,631 % $ 67,575 % Income before income taxes 126,315 Income tax expense Net income