The income statement for Illinois Communications follows. Assume Illinois Communications signed a 3-month, 12%, $40,000 note on June 1, 2018, and that this was the only note payable for the company. E (Click the icon to view the income statement.) Requirements 1. Fill in the missing information for Illinois's year ended July 31, 2018, income statement. Round to the nearest dollar. 2. Compute the times-interest-eared ratio for the company. Round to two decimals. Requirement 1. Fill in the missing information for Illinois'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.) Illinois Communications Income Statement Year Ended July 31, 2018 Data Table $ 35,000 (13,200) Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses 21,800 $ 710 1,450 $ 35,000 13,200 (2,160) 21,800 19,640 Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense Income Tax Expense Illinois Communications Income Statement Year Ended July 31, 2018 Net Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense Income Tax Expense 710 1,450 2,160 19,640 (3,770) Net Income 3,770 $? Net Income Enter any number in the edit fields and then click Check Answer. Print Done part remaining