10 of 14 View Policies Wiley Course Resou... G Google Mathway | Algeb -/7.1 E Current Attempt in Progress Teal Mountain Corporation had sales of $3,000,000 for the year ended December 31, 2022. The unit selling price was $12. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $838,000 $750,000 Selling expenses 121,000 64,000 Administrative expenses 241,000 75,000 Prepare a GAAP income statement. TEAL MOUNTAIN CORPORATION GAAP Income Statement Sales 3,000,000 Question 10 of 14 -/7.1 > Selling Expens Variable Costs Gross Profic Sales Total Fixed Costs Net Income/ossi Total Variable Costs Contrition Margin Administrative Expenses Se Cost of Goods Sold Fland Costs $ Attempts 0 of 3 used Submit Artwer