Question

Suppose Dansko Integrated has the following revenue and expenses for 2019:

Revenues of $8,500,000
Cost of Goods Sold of $2,550,000
Depreciation Expenses of $800,000
Income Taxes of $1,144,000
Interest Expenses of $90,000
Other Expenses of $500,000
Sales, General, & Administrative Expenses of $1,700,000

Create an income statement with amounts in thousands

What is the value of Profit?

Note: Revenue and expense amounts are provided in dollars but the income statement units are thousands of dollars.

Please specify your answer in the same units as the income statement (i.e., enter the number from your completed income statement).

Answer 1