Thornton Corporation operates three Investment centers. The following financial statements apply to the Investment center named Bowman Division.

BOWMAN DIVISIOW

Income statement

For the Year Ended December $31,$ Year $2$

Sales revenue

cost of goods sold

Gross margin

operating expenses

selling expenses

Depreciation expense

operating income

Nonoperating item

Loss on sale of land

Net income

$\backslash$table$[[$$$105,780$