Question 3, PD-34B (similar to) Part 1 of 201 Income Statement Tanfield, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 - X 2018 2017 Net Sales Revenue $ 460,000 $428,000 Cost of Goods Sold 237,000 211,000 Gross Profit 223,000 217,000 133,000 131,000 Operating Expenses Income From Operations 90,000 86,000 12,000 15,000 Interest Expense Income Before Income Tax 78,000 71,000 20,000 26,000 Income Tax Expense $ 58,000 $ 45,000 Net Income 02 4 54 Print Done 45 62 MacBook Air 66 02 00 1 84 d& 7 8 R T Y U