Finished goods inventory, ending	$ 16,600
General and administrative expenses	14,600
Accounts receivable	18,600
Finished goods inventory, beginning	19,600
Cost of goods manufactured	40,600
Selling expenses	12,600
Cash	55,600
Land	28,600
Sales	93,200
Equipment	1,600

Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information. Hint. Not all information given is needed for the solution