You are internal auditor for Shannon 'Supplies, In corporated, and are reviewing the company's preliminary fin ancial statements. The statements, prepared after making the adjustingenties, but before closing entnes for the year en dedDecember $31,2024,$ afe as follows:

SHANNON SUPRLIES, INCORPORATED

Income statement

For the Year Ended December $31,2024$

$($ $ in thousands$)$

Sales revenue

Operating expenses:

cost of goods sold

Depreciation

$\backslash$table$[[$Depreciation$,2,190],[$Income befor,income tax,$$1,420$