The following is partial information from a construction company income statement for 2006 and 2007. Which of the following equations is incorrect? 2007 2006 Revenue a 14,078,506 Construction costs Labor Material 5,402,120 3,972, 147 2,542,174 Subcontractors Equipment 4,597,491 3,380,508 2,163,525 2,704,407 676, 102 b Others 794,429 15,888,587 e Total construction cost Other Income) and Expenses Corporate administrative and general expense Interest expense Interest income 193,862 178,817 23,013 -27,347 -64,524 7 f 16,041,940 649,093 g Total cost and expenses Earnings before taxes Income tax expense Net earnings d 118,538 263,452 533,319 a- $16,041,940 - d = $ 533,319 e +178,817 +23,013 -f = 27,347 d = 649,093 - 533,319 $15,888,587 + $193,862 + C - $64,524 - $16,041,940 = 0