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statement. From the following income statement accounts in the popup​ window, Account Balance Cost of goods sold $1,424,000 Interest...

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Finance

statement. From the following income statement accounts in thepopup​ window,

Account Balance
Cost of goods sold $1,424,000
Interest expense $294,000
Taxes $220,400
Revenue $2,987,000
Selling, general, and administrative expenses $453,000
Depreciation $265,000

a. produce the income statement for the year.
b. produce the operating cash flow for the year.
a. produce the income statement for the year.
Complete the income statement below.  ​(Round to the nearest​dollar.)
Income Statement

Year Ending December 31, 2017
$
$
$
$
EBIT
$
$
Taxable income
$
$
Net income
$
b. produce the operating cash flow for the year.
The operating cash flow for the year is ​$ nothing. ​(Round tothe nearest​ dollar.)

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