Vermont Communications, Inc. Income Statement Year Ended July 31, 2024 Net Sales Revenue $28,000 Cost of Goods Sold 13,000 Gross Profit 15,000 Operating Expenses: Selling Expenses $690 Administrative Expenses 1,400 Total Operating Expenses 2,090 Operating Income 12,910 Other Income and (Expenses): Interest Expense ? Total Other Income and (Expenses) ? Net Income before Income Tax Expense ? Income Tax Expense 2,460 Net Income $ ?