Complete an income statement using the following data:

Complete an income statement using the following data: Sales 100,000Gross Profit 93,000Total Selling Expenses 50,000Total Operating Expenses 65,000Show all work

AnsINCOME STATEMENTSalesLess:Direct Costs (Bal. Figure) $100,000.00$7,000.00 Gross Profit $93,000.00 Less:Total Selling ExpensesTotal Operating Expenses $50,000.00$65,000.00 Net Loss...