From the income statement accounts on the next page: a. Produce the income statement for the year

Question:

From the income statement accounts on the next page:

a. Produce the income statement for the year

b. Produce the operating cash flow for the year

Income Statement Accounts

For the Year Ending 2011

Cost of Goods Sold ... $345,000

Interest Expense ...... $ 82,000

Taxes ......... $ 42,000

Revenue ........ $744,000

SG&A Expenses ..... $ 66,000

Depreciation ...... $112,000


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