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Current Attempt in Progress On December 1, 2025, Cullumber Company had the account balances shown below. Inventory =(3,300$0.60) The following transactions occurred during December. Dec.

image text in transcribedimage text in transcribedimage text in transcribed Current Attempt in Progress On December 1, 2025, Cullumber Company had the account balances shown below. Inventory =(3,300$0.60) The following transactions occurred during December. Dec. 3 Purchased 4,300 units of inventory on account at a cost of $0.70 per unit. 5 Sold 4,700 units of inventory on account for $0.80 per unit. (Cullumber sold 3,300 of the $0.60 units and 1,400 of the $0.70 units.) 7 Granted the December 5 customer $80 credit for 100 units of inventory returned costing $70. These units were Inventory =(3,300$0.60) The following transactions occurred during December. Dec. 3 Purchased 4,300 units of inventory on account at a cost of $0.70 per unit. 5 Sold 4,700 units of inventory on account for $0.80 per unit. (Cullumber sold 3,300 of the $0.60 units and 1,400 of the $0.70 units.) 7 Granted the December 5 customer $80 credit for 100 units of inventory returned costing $70. These units were returned to inventory. 17 Purchased 2,300 units of inventory for cash at $0.90 each. 22 Sold 2,000 units of inventory on account for $0.99 per unit. (Cullumber sold 2,000 of the $0.70 units.) Prepare an income statement for December 2025

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