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$ Question 11 of 18 < View Policies -/1 E Current Attempt in Progress In its income statement for the year ended December 31,

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$ Question 11 of 18 < View Policies -/1 E Current Attempt in Progress In its income statement for the year ended December 31, 2022, Teal Mountain Inc. reported the following condensed data. Operating expenses $710,500 Interest revenue $32,340 Cost of goods sold 1,230,880 Loss on disposal of plant assets 16,660 Interest expense 68,600 Net sales 2,156,000 Income tax expense 46,060 Other comprehensive income (net of $1,176 tax) 8,134 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) TEAL MOUNTAIN INC. Income Statement $

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