The income statement and a schedule reconciling cash flows from operating activities to net income are provided below ($ in millions) for Mike Roe Computers. MIKE ROE COMPUTERS Income Statement For the Year Ended December 31, 2018 Sales Cost of goods sold $151.80 (90-90) 60.90 Gross margin Salaries expense Insurance expense Depreciation expense Interest expense Gains and lossest $21.80 13.80 5.90 6.30 (48.40) 13.80 80 21.50 (10-75 10.75 Gain on sale of equipment Loss on sale of land Income before tax Income tax expense Net income