USE THE FOLLOWING INFORMATION TO ANSWER QUESTIONS 15-18 Financial statement data for Phillip's Faucets (a retail company that sells bathroom and kitchen plumbing fixtures) are given below. All figures are in dollars. Use this data to construct a multiple-step Income Statement for Phillip's Faucets. End of year inventory 9,000 Management salaries 1,800 Purchases 9,400 Advertising 400 Beginning of year inventory 8,600 Taxes 100 Depreciation 300 Lease payments 200 Gross sales 15,400 Research and development 700 Interest expense Allowance for returns 200 General and administrative expenses 500 600 15. Phillip's Faucets gross profit = 16. Phillip's Faucets operating profit=. 17. Phillip's Faucets EBT = 18. Phillip's Faucets net income =