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H Home Insert Page Layout Calibri 11 AutoSave Off File X Paste B I U Clipboard N C16 I X fx A 1 Rabbit Company

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H Home Insert Page Layout Calibri 11 AutoSave Off File X Paste B I U Clipboard N C16 I X fx A 1 Rabbit Company 2 Income Statement 3 For the Year Ended December 31, 2012 4 5 Sales 6 Cost of goods sold 7 Gross profit on sales 8 Administrative expenses 9 Operating income 10 Interest expense 11 Income tax expense 12 Net income 13 | B Font M V table (1) Formulas Data S B $650,000 ? 410,000 41,000 9,000 108,000 ? ? Review ab ce V Alignment [ A 1 Rabbit Company 2 Balance Sheet 3 At December 31, 2012 4 5 Cash 6 Accounts receivable 7 Inventory 8 Equipment 9 10 Total 11 $ ? B Accounts payable 13,500 Note payable 44,400 968,000 Contributed capital Retained earnings $1,130,900 Total ? ? D $13,900 9,600 650,000 E

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