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Income statement2016201720181,100,0001,200,0001,600,000Net salesCost of Goods Sold550,000570,000780,000gross profit550,000630,000820,000Marketing costs100,000100,000120,000General and administrative150,000170,000180,000costsDepreciation fee80,00080,00080,000Profit before interest220,000280,000440,000and taxesInterest fees100,0001 10,000150,000Profit before tax120,000170,000290,000income tax34,00034,00046,000Net profit86,000136,000224,000

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