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Presented below are the 2018 income statement and comparative balance sheets for Santana Industries SANTANA...

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Accounting

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Presented below are the 2018 income statement and comparative balance sheets for Santana Industries SANTANA INDUSTRIES Income Statement For the Year Ended December 31, 2018 ($ in thousands) 1nndeoser22- $16,650 5,800 Sales revenue Service revenue Total revenue $22,450 Operating expenses 8,400 3,600 Cost of goods sold Selling General and administrative 2,700 14,700 7,750 320 7,430 3,700 3,730 Total operating expenses Operating income Interest expense Income before income taxes Income tax expense Net income

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