ENT.084 Income Statement
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Use this draft: revenue $1,900, COGS $760, gross profit $1,140, operating expenses $1,280, operating income -$140, and other income $25. Text exhibit: draft income statement table titled Draft Income Statement Check. Two columns: Line Item and Amount. Rows: Revenue $1,900; Cost of Goods Sold $760; Gross Profit $1,140; Operating Expenses $1,280; Operating Income -$140; Other Income $25; Net Income blank. Use parentheses or a minus sign for negative operating income. Which final result is correct?