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Related to Checkpoint 2.1) (Working with the income statement) Al the end of its third year of operations, the Sandler Manufacturing Co. had 54,521,000 in

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Related to Checkpoint 2.1) (Working with the income statement) Al the end of its third year of operations, the Sandler Manufacturing Co. had 54,521,000 in revenuen, $3,326,000 in cost of goods sold, 5458,000 in operating expenses which included depreciation expense of $145,000, and a tax liability equal to 34 percent of the firm's taxable income. What is the net income of the firm for the year? Complete the income statement for Sandfer Manufacturing Co. (Round to the nearest dollar) Revenues $ 4521000 Less: Cost of Goods Sold $ 3320000 Equals: Gross Profit Less: Operating Expenses $ 450000 Equals: Pet Operating income Lens: Interest Expense $ Equals: Earnings before Taxes 5 Less Income Taxes Equals: Net Income S S

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