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 and asks you to prepare 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 profils, operating profils, and net profils before taxes. b. Using a 35% tax rate, calculate taxes paid and net profits after taxes. c. Assuming a dividend of $1.15 per share with 4.18 million shares outstanding, calculate EPS and additions to retained earnings. 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) $ Nel profits before taxes $ in order to copy the contents of the data table below into a (Click the icon here spreadsheet.) Accounts Depreciation expense General and administrative expenses Sales Sales expenses Cost of goods sold Lease expense Interest expense ($000,000) 25.17 22.35 344.36 17.95 255.32 3.89 3.26