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The statement of income for Pharoah Manufacturing Inc. for the years 2022 to 2024 is presented below The statement of income for Pharoah Manufacturing Inc.

image text in transcribed The statement of income for Pharoah Manufacturing Inc. for the years 2022 to 2024 is presented below

The statement of income for Pharoah Manufacturing Inc. for the years 2022 to 2024 is presented below. Calculate the missing amounts on the statement of income. PHAROAH MANUFACTURING INC. Statement of Income (in thousands of dollars) Sales revenue Cost of goods sold Gross margin Operating expenses Store expenses Administrative expenses Depreciation expense Operating income Investment income Financing expenses Earnings before income taxes Income tax expense Net earnings 2024 942 694 129 109 292 9 26 275 $220 2023 $1,371 135 109 98 274 17 53 $212 2022 $1,113 447 114 89 141 12 139 28

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