Use the following $2020$ data to prepare an Income Statement for Carnation Company.

Other Selling and Administrative Expenses

$$1,050,300$

Other Expenses

$247,600$

Sales Revenue

$4,885,300$

Advertising and Promotion Expenses

$552,500$

Wages Expense

$2,524,400$

Income Tax Expense

$166,500$

Interest Expense

$113,900$