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VIDEO PHONES, INC Income Statement For the Year Ended December 31, 2018 s 3,336,000 Net sales Expenses Cost of goods sold Operating expenses Depreciation expense
VIDEO PHONES, INC Income Statement For the Year Ended December 31, 2018 s 3,336,000 Net sales Expenses Cost of goods sold Operating expenses Depreciation expense Loss on sale of land Interest expense Income tax expense $ 2,150,000 898,000 31,000 8,400 17,000 52,000 Total expenses 3,156,400 Net income $ 179,600
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