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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 ncomne 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 ncomne Tax Expense Interest Expense $1,050,600 247,900 4,885,600 552,650 2,525,000 166,650 114,050 Required: Prepare the annual income statement for Kvass, Inc KVASS, INC Income Statement For the Year Ended December 31, Year 3 Revenues Total Revenues ExpenseS: Total Expense

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