9.30 bob Required: 1. Prepare an annual income statement for the Kitchen Ninja knife series. Ginocera Inc. Income Statement i For the Year Ended December 31, 20Y8 Sales - Cost of goods sold Gross profit Selling expenses: Infomercial campaign 543,900 X Promotional materials 1.269.100 X Shipping expenses Total selling expenses Administrative expenses: Legal expenses Total operating expenses Income from operations Check My Work 544.000 440.300 X 2. Determine the balances in the work in process and finished goods inventories for the Kitchen Ninja knife series on December 31, 2018. Finished Goods Work in Process 00 To of Outs and Int Marks beds 6.30 1. Prepare an annual income statement for the Kitchen Ninja knife series. Ginocera Inc. Income Statement For the Year Ended December 31, 20Y8 Sales Cost of goods sold Gross profit Selling expenses: Infomercial campaign 543,900 X Promotional materials 1.269,100 X Shipping expenses Total selling expenses Administrative expenses: Legal expenses Total operating expenses Income from operations! 544,000 440,300 X 2. Determine the balances in the work in process and finished goods inventories for the Kitchen Ninja knife series on December 31, 2018. Finished Goods Work in Process Ow My W