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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 $ 1,051,500 248,800 4,886,500 553, 100 2,526,800 167, 190 114,500 Required: Prepare the annual Income statement for Kvass, Incorporated KVASS, INCORPORATED Income Statement For the Year Ended December 31, Year 3 Revenues Total Revenues Expenses Total Expenses

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