The accountant for Dolfin Corporation prepared the following income statement. The auditor has asked you to use this statement to provide additional information to Dolfin Corporation on the Final Questions. Dolfin Corporation Income Statement For the Year Ended December 31, 2048 Sales $319,840 Expenses: Cost of goods sold $217,491 Selling expenses 41,579 Administrative expenses 35,182 Interest expense 275 Total expenses (294,527) Net income $25,313 Final Questions The auditor has asked you to prepare additional information about Dolfin Corporation's results for last year. Use the data shown on the income statement in your computations. 1. Compute the operating expenses for Dolfin Corporation. 2. Compute the gross profit for Dolfin Corporation. 3. Compute the operating income for Dolfin Corporation