P11-29A (book/static) The income statement for California Communications follows. Assume Calfomia Communications signed a 3-month 9%, $3.000 note on June 1, 2018, and that this was the only note payable for the company B (click the loon to view the income statement.) Requirements 1. Fill in the missing information for California's year ended July 31, 2018, Income statement. Round to the nearest dollar 2. Compute the times interest-camed ratio for the company. Round to two decimals. California Communications Income Statement Year Ended July 31, 2018 Not Sales Revenue Cost of Goods Sold Cross Profit Operating Expenses Saling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses Interest Expense Total Other Income and (Expenses) Not Income before income Tax Expense Income Tax Expense Net Income Enter any number in the edit fields and then click Check Answer 1 aning Check Answer UUUU 1 of 5 (0 complete) .month 09. $2.000 note on June 1 20:18 and that this was the only ne Callin Communicatione sinnad * Data Table +31, 20 ound to ations 2018 21,800 14,000 7,800 California Communications Income Statement Year Ended July 31, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses $ Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): 720 1,650 2,370 5,430 Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense Income Tax Expense 1,080 Net Income k Answer. Print Done Clear All