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Thieves have broken into your computer system and have

Thieves have broken into your computer system and have stolen key numbers from your firm's income statement. Can you replace them?
Income Statement for Problem 6

Year 2 Year 1

Sales $2,658,00 $2,435,00

Cost of goods sold $_________ $967,000

Selling & general expense $ 867,000 $ 831,000

Earnings before interest & taxes $768,000 $___________

Interest on debt $ ________ $ 831,000

Earnings before taxes $558,0000 $____________

Taxes $_________ $175,0000

Net income $335,000 $__________

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