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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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