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begin{tabular}{|lr} hline multicolumn{2}{|c}{ Company z } hline Accounts Receivable & 24,500 hline Administrative Expenses & 43,000 hline Cash & 27,900 hline
\begin{tabular}{|lr} \hline \multicolumn{2}{|c}{ Company z } \\ \hline Accounts Receivable & 24,500 \\ \hline Administrative Expenses & 43,000 \\ \hline Cash & 27,900 \\ \hline Cost of Goods Manufactured & 108,400 \\ \hline Cost of Goods Sold & 98,700 \\ \hline Equipment & 258,000 \\ \hline Finished Goods Invetory & 9,900 \\ \hline Raw Materials Inventory & 8,700 \\ \hline Sales Revenue & 223,500 \\ \hline Selling Expenses & 49,700 \\ \hline Work-in-Process Inventory & 6,000 \\ \hline \end{tabular} Selected data for three companies are given below. All inventory amounts are ending balances. Using the data above, indentify each company as a Service Company, Merchandising Company, or Manufacturing Company and complete an Income Statement for each company
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