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Income statement . From the following income statement accounts, a. produce the income statement for the year b. produce the operating cash flow for the

Income statement. From the following income statement accounts,

a. produce the income statement for the year

b. produce the operating cash flow for the year

Income Statement Accounts for the Year Ending 2014

Account

Balance

Cost of goods sold

$345,000

Interest expense

$ 82,000

Taxes

$ 2,000

Revenue

$ 744,000

Selling, general, and administrative expenses

$ 66,000

Depreciation

$112,000

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