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Income Statement
GREYSTONE LOGISTICS, INC. (GLGI)
source: myfinsight.com
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Sales
$57,869,480
Gain on involuntary
conversion (see note 4)
$741,821
Gross profit
$9,478,293
Cost of sales
$48,391,187
Operating income
$4,313,310
Other income
$162,249
Selling, general and
administrative expenses
$5,906,804
Income before income
taxes
$3,457,475
Interest expense
$1,018,084
Net income
$2,351,010
Provision for income taxes
$1,106,465
Net income
attributable to common...
$1,922,297
Preferred dividends
$428,713
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