The income statement for California Communications follows. Assume California Communications signed a 3-month, 9%, $3,000 note on June 1, 2018, and that this was the only note payable for the company. ck the icon to view the income statement.) Requirements 1. Fill in the missing information for California's year ended July 31, 2018, income statement. Round to the nearest dollar. 2. Compute the times-interest-earned ratio for the company. Round to two decimals. Requirement 1. Fill in the missing information for California's year ended July 31, 2018, income statement. Round to the nearest dollar. (Use a 12-month year for interest computations. Use a minus sign or parentheses to enter other expenses.) California Communications Income Statement Year Ended July 31, 2018 Net Sales Revenue $ 21,800 (14,000) Cost of Goods Sold Gross Profit 7,800 Enter any number in the edit fields and then click Check Answer. Net Sales Revenue 21,800 14,000 7,800 Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses $ 720 1,650 Administrative Expenses 2,370 Total Operating Expenses Operating Income Other Income and (Expenses): 5,430 Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense 1,080 Income Tax Expense $ ? Net Income Operating Expenses: Selling Expenses 720 1,650 Administrative Expenses (2,370) Total Operating Expenses Operating Income Other Income and (Expenses): 5,430 Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense Income Tax Expense (1,080) Net Income