Clint's Beverage Co produces bottled water and has provided the following information for the month of April:
Units Sold during April:	82,200
Finished Goods Inventory, April 1:	$ 75,000.00
Salary of CFO:	$ 175,000.00
Finished Goods Inventory, April 30:	$ 70,000.00
Commissions:	$ 200,000.00
Advertising:	$ 750,000.00
Research and development:	$ 120,000.00
Cost of Goods Manufactured:	$ 1,640,000.00
Depreciation on corporate office:	$ 60,000.00
Unit price per sold item	$45

1. Prepare a Statement of Cost of Goods Sold for the month of April. You must use a cell reference for all values. (8 pts. Graded both on formatting and correct entries)
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2. Prepare an income statement for the month of April. You must use a cell reference and/or equation for all values. (13 points. Graded both on formatting and correct entries)
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