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The statement of income of Bramble Corporation is presented here. BRAMBLE CORPORATION Statement of Income Year Ended November 30, 2022 Sales $6,468,000 Cost of
The statement of income of Bramble Corporation is presented here. BRAMBLE CORPORATION Statement of Income Year Ended November 30, 2022 Sales $6,468,000 Cost of goods sold 4,116,000 Gross profit 2,352,000 Salaries expense 719,040 Operating expenses 179,760 Depreciation expense 67,200 Income before income tax 1,386,000 Income tax expense 207,480 Net income $1,178,520
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