I included the drop down boxes. Please send back with same table to make it easier to understand.

Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Prepare the cost of goods sold section of the income statement at December 31, 2017, for company in Merchandising Business. MUSIC WORLD RETAIL Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold: Goods available for sale Cost of goods sold Merch Business Mfg Business > Cost of goods manufactured Finished goods inventory, December 31, 2016 Finished goods inventory, December 31, 2017 Merchandise inventory, December 31, 2016 Merchandise inventory, December 31, 2017 Merchandise purchases Add: Finished goods inventory, December 31, 2017 Add: Merchandise inventory, December 31, 2017 Less: Finished goods inventory, December 31, 2017 Less: Merchandise inventory, December 31, 2017 Required: 1. Prepare the cost of goods sold section of the income statement at December 31, 2017, for each company in Merchandising Business and Manufacturing Business. Complete this question by entering your answers in the tabs below. Merch Business Mfg Business Prepare the cost of goods sold section of the income statement at December 31, 2017, for company in Manufacturing Business WAVE-BOARD MFG. Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold Goods available for sale Cost of goods sold 0 Merch Business Mfg Business > Cost of goods manufactured Finished goods inventory, December 31, 2016 Finished goods inventory, December 31, 2017 Merchandise inventory, December 31, 2016 Merchandise inventory, December 31, 2017 Merchandise purchases Add: Cost of goods manufactured Add: Merchandise purchases Less: Cost of goods manufactured Less: Merchandise purchases Add: Finished goods inventory, December 31, 2017 Add: Merchandise inventory, December 31, 2017 Less: Finished goods inventory, December 31, 2017 Less: Merchandise inventory, December 31, 2017