Following is an incomplete current-year income statement. Determine Net Sales, Cost of goods sold and Net Income. Additional information follows: Return on total assets is 14% (average total assets is $81,000). Inventory turnover is 6 (average inventory is $6,200). Accounts receivable turnover is 9 (average accounts receivable is $7,200). Income Statement Net sales Cost of goods sold Selling, general, and administrative expenses Income tax expense Net income 8,300 3,300