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Use your knowledge of income statements to fill in the missing items below. Answers: Enter the answers in blue shaded cells Sales C COGS 575,000

Use your knowledge of income statements to fill in the missing items below.
Answers:
Enter the answers in blue shaded cells
Sales C
COGS 575,000
Gross profit $1,600,000
G&A expense 200,000
Sales & Mkting expense C
Depreciation 50,000
Operating income C
Interest 100,000
Income before taxes C
Income taxes (30%) C
Net income

$700,000

C means calculate please. All calculation should be in excel format.

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