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Use the following Year 3 data: Other Selling and Administrative Expenses Other Expenses Sales Revenue Advertising and Promotion Expenses Salaries and Wages Expense Income Tax

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Use the following Year 3 data: Other Selling and Administrative Expenses Other Expenses Sales Revenue Advertising and Promotion Expenses Salaries and Wages Expense Income Tax Expense Interest Expense $1,050,900 248,200 4,885,900 552,800 2,525,600 166,800 114,200 Required: Prepare the annual income statement for Kvass, Inc. KVASS, INC. Income Statement For the Year Ended December 31, Year 3 Revenues: 0 Total Revenues Expenses:

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