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Income Statement
EASTERN CO (EML)
source: myfinsight.com
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Net sales
$70,164,086
Gross margin
$16,362,902
Cost of products sold
$53,801,184
Operating profit
$3,142,450
Other income
(expense)
$75,210
Product development
expense
$1,031,716
Selling and
administrative expenses
$12,188,736
Income from continuing
operations before income...
$2,581,373
Income from disposal of
discontinued unit
$2,016,696
Interest expense
$636,287
Net income from
continuing operations
$2,034,990
Income (loss) from
discontinued operations
$1,405,177
Income tax expense
$546,383
Loss from operations
of discontinued...
-$234,237
Income tax (expense)
benefit
-$377,282
Net income
$3,440,167
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