$\backslash$table$[[$Income statement,$2018,],[$Sales$,$$$5,500,000,],[$Cost of goods sold,$2,850,000,],[$Depreciation$,280,000,],[$Selling & administrative expenses,$1,500,000,],[$EBIT$,$$$870,000,],[$Interest expense,$130,000,],[$Taxable income,$$740,000,],[$Taxes$,330,000,],[$Net income,$$410,000,],[$Balance sheet, year$-$end,$2018,2017],[$Assets$],[$Cash$,$$$50,000,$$$,40,000$