Sales $12,011 $12,012 $12,013 $12,014 Cost of goods sold 3,011 3,012

[answerhappygod]

Sales$12,011$12,012$12,013$12,014Cost ofgoods sold 3,011 3,012 3,013 3,014Grossmargin$9,000$9,000$9,000$9,000Otherexpenses$6,201$6,201$6,201$6,201Profitbefore taxes 2,799 2,799 2,799 2,799TaxExpense 1,120 1,120 1,120 1,120Net Income$1,679$1,680$1,681$1,682In the space below, please describe the basic accounting equationyou applied in making your calculationsYear 1Gross marginYear 1 Tax ExpenseYear 2SalesYear 2 Profit before taxesYear 3Cost of goods soldYear 3 Other expensesYear 4Cost of goods soldYear 4 Gross MarginYear 4Other expensesYear 4 Profit before taxesYear 4Tax ExpenseYear 4 Net Income