You are a summer intern at the office of a local tax preparer. To test your basic knowledge of financial statements, your manager gives you the following list of accounts a simple income statement using those accounts. a. Arrange the accounts into a well-labeled income statement. Make sure you label and solve for gross profits, operating profits, and net profits before taxes. b. Using a 21% tax rate, calculate taxes paid and net profits after taxes. c. Assuming a dividend of $1.01 per share with 4.26 million shares outstanding, calculate EPS and additions to retained earnings. and asks you to prepare a. Complete the income statement, down to the net profits before taxes line, below: (Select the account names from the drop-down menus and round the amounts to two decimal places.) Name of Company Income Statement ($000,000) 1. 2. Gross profits $ Less: Operating expenses $ 3. 4. 5. 6. Total operating expense $ Operating profits (EBIT) $ 7. Net profits before taxes $