Question $10$ of $10$

Knowledge Check

Sandhill reported the following in its comparative income statements.

$\backslash$table$[[,2025,2024,],[$Net sales,$$95,500,$$$120,000,],[$Cost of goods sold,$48,705,64,800,],[$Operating expenses,$14,900,19,000,],[$Income tax expense,$14,500,19,100,],[$Net income,$$17,395,,$$$17,100$