Write a 200- to 300-word summary analyzing the implications

Write a 200- to 300-word summary analyzing the implications of profitability and the net income of the company. I have the template Prepare a
multiple-step income statement for Coyote, Inc. from the following single-step statement. Net sales $1,833,000 Interest income 13,000 1,846,000 Costs and expenses: Cost of good sold 1,072,000 Selling expenses 279,000 General and admin. expenses 175,000 Depreciation
14,000 Interest expense 16,000 Income tax expense 116,000 Net income $ 174,000