Required: Based on the information in the table below, prepare an income statement for Windswept Woodworks, Incorporated for year 2. Assume that the company pays a flat tax rate of 21% on its taxable income. (Round your answers to 2 decimal places.) Windswept Woodworks, Incorporated Input Data (millions of dollars) Accounts payable Accounts receivable Accumulated depreciation Cash & equivalents Common stock Cost of goods sold Depreciation expense Common stock dividends paid Interest expense Inventory Addition to retained earnings Long-term debt Notes payable Gross plant & equipment Retained earnings Sales Other current liabilities Tax rate Market price per share - year end Number of shares outstanding Windswept Woodworks, Incorporated Income Statement for the period ending December 31, Year 2 (millions of dollars) Sales Cost of goods sold Gross profit on sales Depreciation expense Earnings before interest and taxes Interest expense Taxable income Taxes (@21%) Net income Year 2 Year 1 572 504 1,416 950 6,882 6,752 360 248 1,320 1,240 1,540 n.a. ? n.a. ? n.a. 180 n.a. 1,150 1,146 602 n.a. 948 856 270 420 10,420 10,160 3,198 2,596 3,058 156 21% $ 22.80 500 million n.a. 136 n.a. $ 20.50 500 million