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The options to fill the table are: Depreciation, pretax profit, rental costs, revenue, taxes, variable costs, CoursHeroTranscribedText: The owner of a bicycle repair shop forecasts

The options to fill the table are: Depreciation, pretax profit, rental costs, revenue, taxes, variable costs,

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CoursHeroTranscribedText: The owner of a bicycle repair shop forecasts revenues of $184,000 a year. Variable costs will be $56,000, and rental costs for the shop are $36,000 a year. Depreciation on the repair tools will be $16,000. a. Prepare an income statement for the shop based on these estimates. The tax rate is 20%. INCOME STATEMENT 0 ce's

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