Income Statement A (scroll down for Income Statement B): Sample Company A Income Statement For the Year Ended December 31, 20Y8 1 Sales 42000.00 $5,250.00 6,400.00 $11,650.00 400.00 Beginning finished goods inventory 3Plus cost of goods manufactured Cost of finished goods available for sale 5 Less ending finished goods inventory Cost of goods sold 7Gross proft 8Operating expenses 9Selling expenses 10 Administrative expenses 11,250.00 $30,750.00 $6,400.00 5,250.00 Total operating expenses 11,650.00 12 Net income 19,100.00