The comparative statements of Wildhorse C_(0). are presented here: {:[" WILDHORSE CO, "],[" Income Statements "],[" For the Years Ended December "31]:} 2022 2021 Net sales $1.892.340 $1.752,300 Cost of goods sold 1,060,340 1,007,800 Gross profit 832,000 744,500 Selling and administrative expenses 501,800 480,800 Income from operations 330.200 263,700 Other expenses and losses Interest expense 23,700 21,700 Income before income taxes 306,500 242,000 Income tax expense 93,700 74,700 Net income $212,800 $167,300