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Can you please solve this question for managerial accounting? thank you 22) Amber Corpora tion has provided the following information of its operating activities for

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Can you please solve this question for managerial accounting? thank you

22) Amber Corpora tion has provided the following information of its operating activities for the year: Merchandise Inventory, January 1 Merchandise Inventory, December 31 Purchases Selling and Administrative Expenses Sales Revenue $150,000 75 854,000 65,000 1,000,000 Required: Prepare Amber's income statement for the year ended December 31. Use the format provided below: (10 points) Sales Revenue Cost of Goods Sold Purchases Cost of Goods Available for Sale Ending Inventory ost of Goods Sold ross Profit elling and Administrative Expenses erating Income

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