Suppose Gulf Shipping Company has the following revenue and expenses for 2018: Revenues of $9,000,000...
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Accounting
Suppose Gulf Shipping Company has the following revenue and expenses for 2018:
Revenues of $9,000,000
Cost of Goods Sold of $3,600,000
Depreciation Expenses of $1,000,000
Income Taxes of $1,192,000
Interest Expenses of $120,000
Other Expenses of $400,000
Sales, General, & Administrative Expenses of $900,000
Create an income statement with amounts in thousands
What is the value of Pre-Tax Income?
Please specify your answer in the same units as the income statement.
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