Please find the required information up to two decimal places

The following information applies to the questions displayed below.] Income statement and balance sheet data for Great Adventures, Inc., are provided below GREAT ADVENTURES, INC. Income Statement For the Year Ended December 31, 2020 Revenues: Service revenue (clinic, racing, TEAM) Sales revenue (MU watches) $523,000 98,000 Total revenues $621,000 Expenses: Cost of goods sold (MU watches) Operating expenses Depreclation expense Interest expense Income tax expense 60,000 303,276 40,000 28,724 51,000 Total expenses 483,000 Net Income $138,000