Required information [The following information applies to the questions displayed below.) Income statement and balance sheet data for Great Adventures, Inc., $ 201,770 480 GREAT ADVENTURES, INC. Income Statement For the year ended December 31, 2022 Net sales revenues Interest revenue Expenses: Cost of goods sold $40,300 Operating expenses 73,360 Depreciation expense 19,050 Interest expense 11,274 Income tax expense 16,300 Total expenses Net income 160, 284 $ 41,966 GREAT ADVENTURES, INC. Balance Sheets December 31, 2022 and 2021 2022 Assets Current assets: Cash Accounts receivable $ 334, 394 50, 840