The following are account balances for M$-$E Corporation: sales revenue, $$325,000$; cost of goods sold, $$168,000$; salaries expense, $$45,000$; rent expense, $$20,000$; income tax expense, $$30,000$; and miscellaneous expense, $$12,000.$

Prepare a preliminary income statement.

$\backslash$table$[[$M$-$E CORPORATION,$],[,,],[,,],[$Gross profiminary Income Statement,,$],[$Operating expenses:,,$],[,,],[,,],[,,],[,,],[$Total operating expenses,,$],[$Net income or loss,,$$]]$