Prepare an income statement TOL Webster plc (Income Statement) Presented below is in thousands). Administrative expenses Officers' salaries Depreciation of office furniture and equipment Cost of goods sold Rent revenue Selling expenses Delivery expense Sales commissions Depreciation of sales equipment Sales revenue Income tax Interest expense 4,900 3,960 63,570 17,230 2,690 7,980 6,480 96,500 7,580 1,860 Prepare an income statement for the year 2019. Ordinary shares outstanding for 2019 total 40,550 (in thousands).