Problem 14-6A The comparative statements of Corbin Company are presented below. CORBIN COMPANY Income Statement For the Years Ended December 31 2017 2016 Net sales (all on account) $599,900 $519,600 Expenses 414,900 Cost of goods sold 353,000 119,900 114,800 Selling and administrative 7,200 6,100 Interest expense Income tax expense 18,600 14,500 Total expenses 560,600 488,400 39,300 31,200 Net income