Part II - Statement of Cash Flows (100 points). 31. The income statement, balance sheets, and additional information for Janson, Incane Janson, Inc. Income Statement For the Year Ended December 31, 2020 Revenues $3,000,000 Gain on sale of equipment 6,000 Total revenues 3,006,000 Expenses: Cost of goods sold 2,100,000 Operating expenses 700,000 Depreciation expense 48,000 Interest expense 35,000 Income tax expense 2,926.000 Total expenses $ 80,000 Net Income 43,000