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Second Question: Complete all cells in the following income statement for the year 2021: put your calculations. (4 marks) 2021 2020 % change 80.00% ITEMS

Second Question: Complete all cells in the following income statement for the year 2021: put your calculations. (4 marks) 2021 2020 % change 80.00% ITEMS Sales Cost of Goods Sold Gross Profit 32000 23000 18000 50.00% 15000 4000 Operating expenses EBIT Interest Expense Earnings Before Taxes Taxes @ 40% Net Income % Net Income 7200 24% 14.4%

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