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Operating data for Flint Corporation are presented as follows. 2022 2021 Sales revenue $829,000 $648,900 Cost of goods sold 530,560 415,296 Selling expenses 123,521 71,379

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Operating data for Flint Corporation are presented as follows. 2022 2021 Sales revenue $829,000 $648,900 Cost of goods sold 530,560 415,296 Selling expenses 123,521 71,379 Administrative expenses 73.781 51,912 Income tax expense 33,989 25,956 Net income 67 149 84,357 Sales $829,000 % $648.900 % Cost of goods sold 530,560 96 415,296 Se Gross profit 298,440 % 233,604 % Selling expenses 123,521 71,379 % % % Administrative expenses 73,781 51.912 %6 Total operating expenses 197.302 % 123,291 Income before income taxes 101,138 % 110,313 96 Income tax expense 33.989 % 25,956 36 Net Income $ 67,149 96 $ 84,357 %

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