Answer:
Particulars Amount
Net sales $29,865
Cost of goods sold <u>$17,820</u>
Gross profit $12,045
Selling, gen & admin exp. $1,710 (1,500+210)
Operating Expenses <u>$1,700</u>
Operating Income $15,455
Interest Expenses ($1,400)
Interest Revenue <u>$160 </u>
Income before tax $14,215
Income tax expenses <u>$2,630</u>
Net Income <u>$11,585</u>