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Other Selling and Administrative Expenses Other Expenses Sales Revenue Advertising and Promotion Expenses Salaries and Wages Expense Income Tax Expense Interest Expense $1,951,600 248,900 4,886,609

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Other Selling and Administrative Expenses Other Expenses Sales Revenue Advertising and Promotion Expenses Salaries and Wages Expense Income Tax Expense Interest Expense $1,951,600 248,900 4,886,609 553,150 2,527,000 167,150 114,550 Required: Prepare the annual income statement for Kvass, Incorporated KVASS, INCORPORATED Income Statement For the Year Ended December 31, Year 3 Revenues 0 Total Revenues Expenses

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