the following income statement and balance sheets for laser world are provided: laser world income statement for the year-ended december 31, 2021 sales revenue $ 2,270,000 cost of goods sold 1,590,000 gross profit 680,000 expenses: operating expenses 340,000 depreciation expense 65,000 loss on sale of land 4,900 interest expense 21,000 income tax expense 57,000 total expenses 487,900 net income $ 192,100