Use the following information to complete the income statement for Company A for the year ending December 31, 201X SHOW YOUR WORK Do Not enter anything in this column Income Statement Information Revenue $ 120,000,000 54.0% Gross Margin Selling General and Administrative 23.0% of revenue 15.0% of revenue Research and Development (R&D) $ 5,000,000 $ 4,000,000 Depreciation expense (D&A) Interest Expense Interest Income Tax Rate $ 2,500,000 21% Securities Information 10,000,000 2,500,000 Weighted Average Shares (12/31/1X) A Warrants exercisable @ $2.25 B Warrants exercisable @ $3.00 Stock Price (12/31/1X) 3,000,000 $ 4.00 Complete the following Income Answers go in the yellow boxes Revenue $ 120,000,000 $ 120,000,000 Cost of Goods Sold Gross Profit Operating Expenses SG&A R&D D&A Operating Expenses Total Operating Income Interest Expense, net Pre Tax Income Tax Net Income EPS Basic EPS Diluted For losses, only Basic Shares are used in calculating Use this table (below) to help with your Diluted EPS Diluted Share Calculations Total Points Points 1 5 10 30