Question 4 of 5 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 -/4 Prepare an income statement. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net Sales Cost of Goods Sold Gross Profit Operating Expenses Income before Income Taxes Income Tax Expense Net Income/(Loss) TEAL MOUNTAIN INC. Income Statement For the Year Ended December 31, 2022 $ $ 2,156,000 $ 1,230,880 925120 710,500