Question 2. Presented below is information related to Brown Co (amounts in thousands) (80 points) Interest revenue Sales revenue Sales returns and allowances Sales discounts Cost of goods sold Advertising Expense Sales Commissions Salaries of Sales personnel Depreciation of Office Buildings Office Supplies Expenses Other general expenses Interest expense Gain from sale of equipment Loss from sale of a division Dividends paid on preferred shares 30,000 2,800,000 120,000 36,000 1,000,000 200,000 160,000 240,000 120,000 68,000 80,000 160,000 320,000 80,000 18,000 Assume the total effective tax rate on all items is 20%. 100,000 ordinary shares were outstanding during the year Required Prepare an Income Statement. (80 points)