PROBLEMS Q 31 TO Q43 (54 POINTS- EACH QUESTION HAS POINT VALUE) Use the following data to answer the next seven questions: Q31 TO Q38 Jefferson Roller Bearings (JRB) Company manufactures high-quality roller bearing for vehicles and trailers. Below are the income statements for a five-year period for the company. Year 1 Year 2Year 3 Year 4 Year 5 Sales Cost of goods sold Gross Profit Operating Expense Operating income Gain (loss) on the Sales of equipment Net Income S6,500,000 $7,000,000 $6,600,000 $6,800,000 $7,300,000 3,600,000 4,300,000 3,800,000 3,900,000 4,300,000 2,900,000 2,700,000 2,800,000 2,900,000 3,000,000 2,300,000 2,350,000 2,250,000 2,300,000 2,350,000 $ 600,000 $ 350,000 550,000 600,000 S 650,000 350,000 (400.000) $ 950.000 S350.000 550.000 $200.000 $650,000