- Problems Saved Fargo Inc. showed the following profit statement information for its first three years of operations: For the Years Ended December 31 2921 2020 Net Sales $7,200,000 $6,200,000 Cost of Goods Sold 4,100,000 3,500,000 Operating Expenses 2,390,000 2,290,000 Other Revenues (Expenses) (288,000) (308,000) Income Tax Expense 91,000 27,000 2019 $5,200,000 2,750,000 1,890,000 61,000 111,000 Partial Information regarding Fargo's equity for the past three years follows: Dec. 31, 2021 Dec 31, 2020 Dec. 31, 2019 $510,000 $ 510,000 $ 510,000 Contributed capital: Preferred shares, $2 non-cumulative; 100,000 shares authorized 31,800 shares issued and outstanding Common shares, 500,000 shares authorized; 210,000 shares issued and outstanding Total contributed capital Retained earnings Total equity 660,000 ? 660,000 660,000 "Issued on January 1, 2019. - Cash dividends of $199.000 were declared and paid for the year ended Dec 31, 2019. Dividends were not declared for the y ended Dec 31, 2020. or Dec 31, 2021 Required: 1 Facilit Gross Profit, Operating Profit, Profit Before Tax and Profit for the years ended December 31, 2019 2020 and 2021