2) Amber Corporation has provided the following information of its operating activities for 2015: Merchandise Inventory, January 1, 2015 $150,000 Merchandise Inventory, December 31, 2015 75,000 Purchases 854,000 65,000 Selling and Administrative Expenses Sales Revenue 1,000,000 Required: Prepare Amber's income statement for the ended December 31, 2015. Use the format provided below: Sales Revenue Cost of Goods Sold Beginning Inventory Purchases Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Operating Income

2) Amber Corporation has provided the following information of its operating activities for 2015 : Required: Prepare Amber's income statement for the ended December 31, 2015. Use the format provided below