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QUESTION 11 Data for Kalil, Inc. follows: Kall, Inc. Comparati ve Income Statement Years Ended...

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QUESTION 11 Data for Kalil, Inc. follows: Kall, Inc. Comparati ve Income Statement Years Ended Dec. 31, 2017 and 2016 2017 $550,000 2016 500,000 Net Sales Revenue Expenoes Cost of Goods Sold Selling and Admiristrative Expensers Other Expenses Onte rest Expense) Income Tax Expense Total Expenes Net Income 245,000 100,000 12,000 58000 220,000 96,000 9,000 47000 $135000 rative income statement of Kalil, Inc. (Round to one decimal place.) Use a multi-step format for the income statement. T TT Paragraph Arial , 3(12pt) '-.-. T

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