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Instructions A condensed income statement for the Commercial Division of Maxell Manufacturing Inc. for the year ended December 31, 2016, is as follows 4.400.000.00 490000.00

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Instructions A condensed income statement for the Commercial Division of Maxell Manufacturing Inc. for the year ended December 31, 2016, is as follows 4.400.000.00 490000.00 1,910,000.00 1.470.00000 440,000.00 4.000,000.00 Sales 2Cost of goods sold Gross profit sOperating expenses Income from operations s Invested assets

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