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Coronado Ltd. had sales revenue of 550,800 in 2022. Other items recorded during the year were: Cost of goods sold 336,600 Selling expenses 122,400 Income

image text in transcribedimage text in transcribed Coronado Ltd. had sales revenue of 550,800 in 2022. Other items recorded during the year were: Cost of goods sold 336,600 Selling expenses 122,400 Income tax 25,500 Increase in value of employees 15,300 Administrative expenses 10,200 Prepare an income statement for Coronado for 2022. Coronado has 100,000 shares outstanding. (Round earnings per share to 2 decimal places, eg. 1.48.) CORONADO LTD Income Statement th cil 12

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