The following income statement and additional year$-$end information is provided.

$\backslash$table$[[\backslash$table$[[$SONAD COMPANY$],[$Income Statement$],[$For Year Ended December $31]],,],[$Sales$,$$$1,570,000,],[$Cost of goods sold,$769,300,],[$Gross profit,$$215,090,],[$Operating expenses,$37,680,],[$Salaries expense,$42,390,],[$Depreciation expense,$4,710,],[$Rent expense,$17,270,317,140],[$Amortization expenses$-$Patents,,$483,560],[$Utilities expense,$6,280,],[,,$$$489,840$