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Quion 12 Not yet Onred ALP in interested in predicting its income statement for the year 2021. The company estimates that its soles in 2021

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Quion 12 Not yet Onred ALP in interested in predicting its income statement for the year 2021. The company estimates that its soles in 2021 will be $5800000. Using the food and variable cont data. Find the folowing Marted out of 700 Flag question ALP Company Income statement For the Year Ended December 31, 2020 Sales 2000000 Tom: Cost of goods sold Variable cost 1450000 Fixed cost 10000 Grom profit 540000 Les: Operating expenses Selling experie (all variable) 20000 Utility expensefall vonable) 34000 Depreciation expense (all variable) 6000 Operating profit 480000 Les interest expense loll foced) 12000 Net profid before faves 468000 Lens Van 110%) 46800 Net profit after tres 421200 ALP's Total cost of goods sold in 2021 A&Ps Depreciation Epense in 2021: ALP's Total operating expenses in 2021 ALP's et profitaftor foxes in 2021

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