Incomplete financial statements for Tanner Company are given:
Compute the missing amounts on the companys financial statements.
***Full details are available in the 3 attachments.

Tanner Company
Income Statement
For the Year Ended December 31
Sales. $2,700,000
Cost of goods sold.. ? _
Gross Margin. ?
Selling and administrative expenses ______?__
Net operating income. ?
Interest expense ____45,000_
Net income before taxes. ?
Income taxes (40%). ______?___
Net income ===========
Tanner Company
Balance Sheet
December 31
Current Assets:
Cash $ ?
Accounts receivable, net ?
Inventory.. ?__
Total current assets.. $ ?__
Current liabilities $250,000
Bonds payable, 10%.. ?__
Total liabilities.. ____?__
Stockholders equity:
Common stock, $2.50 par value. ?
Retained earnings ___?___
Total stockholders equity ___?___
Total liabilities and stockholders equity.. $ ?