Question
(Click on the following icon in order to copy its contents into a spreadsheet.) Income Statement Accounts for the Year Ending 2017 Account Balance Cost
(Click on the following icon
in order to copy its contents into a spreadsheet.)
Income Statement Accounts for the Year Ending 2017 | |
Account | Balance |
Cost of goods sold | $349,000 |
Interest expense | $84,000 |
Taxes | $53,200 |
Revenue | $744,000 |
Selling, general, and administrative expenses | $66,000 |
Depreciation | $112,000 |
Income statement. From the following income statement accounts in the popup window,
LOADING...
,
a. produce the income statement for the year.
b. produce the operating cash flow for the year.
a. produce the income statement for the year.
Complete the income statement below.(Round to the nearest dollar.)
Income Statement | ||
Year Ending December 31, 2017 | ||
| $ |
|
| $ |
|
| $ |
|
| $ |
|
EBIT | $ |
|
| $ |
|
Taxable income | $ |
|
| $ |
|
Net income | $ |
|
Choose from any list or enter any number in the input fields and then click Check Answer.
| Clear All | Check Answer |
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