Presented below are the 2021 income statement and comparative balance sheets for Santana Industries. SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2021 ($ in thousands) Sales revenue Service revenue Total revenue Operating expenses: $ 14,250 3,400 $ 17,650 Cost of goods sold 7,200 Selling expense 2,400 General and administrative expense 1,500 Total operating expenses 11,100 Operating income 6,550 Interest expense 150 Income before income taxes 6,400