Comparative Income Statements
For the Years Ended December 31
| | 2024 | 2023 |
|--------------------|-------------|------|
| Sales revenue | \$ 5,150,000 | |
| Cost of goods sold | 3,010,000 | |
| Gross profit (loss) | 2,140,000 | 0 |
| Administrative expense | 910,000 | |
| Selling expense | 510,000 | |
| Total operating expenses | 1,420,000 | 0 |
| Operating income | 720,000 | 0 |
| Interest expense | 230,000 | |
| Interest revenue | (165,000) | |
| Total other income, net | 65,000 | 0 |
| Income from continuing operations before income taxes | | |
| Loss on sale of investments | | |
| Income from continuing operations | 0 | 0 |
| Income (loss) from operations of discontinued component | | |
| Income (loss) on discontinued operations | 0 | 0 |
| Net income | \$ 0 | \$ 0 |
| Earnings per share | | |
| Net income | | |
