Answer&Explanation:
Net Income Statment for the Year Ended December 31,2019
Net sales 2,416,300
Cost of goods sold (1,334,200)
Gross Profit 1,082,100 Sales - COGS
Operating expenses (759,720)
Operating Income 292,380 Gross Profit - Operating Expenses
Interest revenue 29,970
Interest expense (71,270)
Loss on disposal of plant assets (15,910)
Other Income (57210)
Net income 235,170 Operating Income + Other income
Other comprehensive income 6,920.
Comprehensive Income 242,090 Net Income - OCI