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  1. business
  2. accounting
  3. given the following information, prepare an income

Given the following information, prepare an income statement for the Dental Drilling Company. Selling and...

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Accounting

Given the following information, prepare an income statement for the Dental Drilling Company.

Selling and administrative expense $ 130,000

Depreciation expense 79,000

Sales 515,000

Interest expense 41,000

Cost of goods sold 158,000

Taxes 48,000image

Given the following information, prepare an income statement for the Dental Drilling Company. Selling and administrative expense Depreciation expense Sales Interest expense Cost of goods sold Taxes $ 130,000 79,000 515,000 41,000 158,000 48,000 Dental Drilling Company Income Statement Sales Cost of goods sold Gross profit $ 0 $ 0 Selling and administrative expense Operating profit Interest expense Earnings before taxes $ 0

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