Sales

$$$$525,715$

Cost of goods sold

$199,338$

General and administrative expense

$60,846$

Depreciation expense

$8,825$

Interest expense

$11,692$

Income taxes

$98,006$

Question content area bottom

Part $1$

Complete the income statement below.$($Round to the nearest dollar. NOTE$$: You may input expense accounts as negative$$ values.$)$

Income Statement

$

Gross profits

$

$

Total operating expenses

$

Operating income $($EBIT$)$

$

Earnings before taxes

$

Net income

$