Prepare an Income Statement from Adjusted Balances The Century Company's adjusted balances as of December 31 follow: Sales $42,000; Cost of Goods Sold $16,800; Selling and Administrative Expenses $6,300; and Interest Expense $3,150 Prepare an income statement for the year. Century Company Income Statement For Year Ended December 31 Sales Cost of goods sold Selling & administrative expense Interest expense Total expenses Net income $ 0 $ 0 0 0 0 $ 0