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Based on the following information to construct an income statement, what is the costs of goods sold amount? Sales =$1,230,000; General and administrative expense =$134,000;
Based on the following information to construct an income statement, what is the costs of goods sold amount? Sales =$1,230,000; General and administrative expense =$134,000; Selling and marketing expense =$159,000; Depreciation =$25,000; Interest expense =$141,000; Income tax rate =289, and net income is $65,250. 684,000 549.625 546,000 680,375
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