Sales Cost of goods sold Gross profit [$100","000],[75","000],[25","000] Operating expenses Selling expenses Advertising expense Commissions expense Administrative expenses Office supplies expense quad3,500 {:[" Office equipment expense ",2","500]:}(6,000)/(13,000) Operating income 12,000 Non-Operating or other Interest revenues Gain on sale of investments Interest expense Loss from lawsuit Total non-operating Net Income 2,000 5,000 7,000 12,000 5,000 3,000 (500) (1,500) 6,000 $18,000. EXPLAIN