the income statement, balance sheets, and additional information for virtual gaming systems are provided. virtual gaming systems income statement for the year ended december 31, 2024 net sales $2,450,000 gain on sale of land 7,500 total revenues 2,457,500 expenses: cost of goods sold $1,575,000 operating expenses 600,000 depreciation expense 18,000 interest expense 19,000 income tax expense 65,000 total expenses 2,277,000 net income $180,500



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