The following information appears in Toledo Toy Company’s records for last year: Exercise 2.41 Statements for a S AISSIRCVIC U CM MIME fy Houhe sehen) Sr Ree RParh yaky 's ack eR Roe $ 99,300 Menuiac Gnpeicomeeny PNGIMIGIStIFE TIVCRCOSTS han yay fesaege beers aera ile clita fyS ic) ce Pare RR Ge 19,700 (LO 1,2)
Manetacttning buildingidepreciation 1124 1.0 008 Vee See. TLaMgtes 11,750 Indirectimaterialsiand SUOBlICSHS Et. eV A A ES SP Ee Ee ee 2,150 eXcel SalesteOnmmiSSiOMSrern uments ae Cas He niju ss depeipreaie mem geese heen oes 6,800 mhhe.comvhitton4e RaW=InetChaninveMntony, JAMUANV

a) o2 oe atone as oetoee acute 8,200 DiKeCh SO Onan tain ate Romy stam tal vane ais Ooymeivaupaeiiecn oyes e 16,300 Raw-material inventory, Becember31 020.00 S 2. Fd. MQ wa. 9,000 FIMSMSG=OOOCSIMVE TOM ANU Giallo) tek cea cis ct cern ale om «anes as 4,450 FAIMSNeG-COOCSINVEMLONYs DECEMMEN Oil) te ae can a). cies s RneaeNeee reste Wretreneens 3,900 RAWanilalnei a WOUNCMASES ame cunere ua:d m ctatsca ice ee cesteteedens cotae asndlturlecs: Mua on wus 10,150 WOKE -OhOCeSSrnVeMltOny DECENMOCT Oil een cides melts cardi nis ets = S500 SUOSIMISOMY GING! IMCIIECIIEISOL. dare a ata se eo ogous ie oo seeMiatiedeoaooos 6,200 POO WSS, IMEMUIE WMO) OLE . snes Go oen ess edu sods caeoeouo sone 3,700 PIAITMUIUIIESHe iN CHOOWC oane PEt aay enti nGsa oa awreay As « 11,500 WVONKeIN-OLOOESS IMVEMUONV aA MIUNIY) 1) ver. oe.t erete tre tetaectamcy errs eri tett rererstrerae 6,600 Required

a. Prepare an income statement with a supporting schedule of cost of goods sold.

b. BUILD YOUR OWN SPREADSHEET. Build an Excel spreadsheet to complete requirement (a).