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The income statement for Vermont Communications follows. Assume Vermont Communications signed a 3-month, 3%, $120,000 note on June 1, 2018, and that this was the only note payable for the company. (Click the icon to view the income statement.) Requirements 1. Fill in the missing information for Vermont's year ended July 31, 2018, income statement. Round to the nearest dollar 2. Compute the times-interest-earned ratio for the company. Round to two decimals. Data Table - X Requirement 1. Fill in the missing information for Vermont's year ended July 31, 2018, income statement. Round to the near Inter other expenses.) Vermont Communications Vermont Communications Income Statement Year Ended July 31, 2018 Income Statement Year Ended July 31, 2018 Net Sales Revenue $ Net Sales Revenue 34,000 (9,000) 34,000 9,000 Cost of Goods Sold Cost of Goods Sold Gross Profit 25,000 Gross Profit 25,000 Operating Expenses: Selling Expenses $ $ 670 1.700 670 1,700 Administrative Expenses Operating Expenses: Selling Expenses Administrative Expenses Total Operating Expenses Operating Income Other Income and (Expenses): 2,370 (2,370) 22,630 22,630 Interest Expense Total Operating Expenses Operating Income Other Income and (Expenses): Interest Expense Total Other Income and (Expenses) Net Income before Income Tax Expense Income Tax Expense ? Total Other Income and (Expenses) Net Income before Income Tax Expense Income Tax Expense 4,410 (4.410 $ ? Net Income Net Income Print Done

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