Presented below is information related to Webster plc (amounts in thousands)

Administrative expenses

Officers' salaries 4,900

Depreciation of office furniture and equipment 3,960

Cost of goods sold 63,570

Rent revenue 17,230

Selling expenses

Delivery expense 2,690

Sales commissions 7,980

Depreciation of sales equipment 6,480

Sales revenue 96,500

Income tax 7,580

Interest expense 1,860

Instructions

Income statement for the year 2019. Ordinary shares outstanding for 2019 total 40,550 (in thousands)

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