9 Flags Mini Theme Parks, Inc. provided you with the following data for their operating year ended December 31, 2020:Net sales $12,762,850Discontinued operations loss (before taxes) 3,410,000Cost of goods sold 5,105,000Interest expense 127,830Selling expenses 945,800Administrative expenses 1,235,090Shares of capital stock outstanding, 75,000Tax rate of 40% on all itemsRequired: Using a multiple-step format, prepare an income statement rounded to the nearest dollar for 9 Flags Mini Theme Parks, Inc. for the year ended December 31, 2020.

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a: