Please prepare an income statement. Please note that taxes are paid at a rate of $30$ percent, and dividends are paid at a rate of $40$ percent.

$20212022$

Cost of Goods Sold $235,942297,915$

Cash $36,54251,940$

Depreciation $61,05669,011$

Interest Expense $13,87715,905$

Selling and Admin Exp $40,95258,569$

Accounts Payable $32,19433,999$

Net Fixed Assets $269,369328,185$

Sales $482,155587,715$

Accounts Receivable $24,12024,089$

Notes Payable $24,86626,972$

Long$-$Term Debt $142,148161,000$

Inventory $32,76658,798$

New Equity $016,000$