Instructions Labels and Amount Descriptions Income Stat Instructions The New Orleans Adventures for the year ended December 31 for data following: Accounts Sales Cost of goods sold Operating expenses Amount $24,500,000 10,900,000 6,300,000 500,000 100,000 Income tax expense Loss on discontinued operations Required: Prepare an income statement. Be sure to complete the statement heading. Re Amount Descriptions for the exact wording of the answer choices for text entri Instructions Labels and Amount Descriptions Income Statement Instructions Income Statement For the Year Ended December 31 Sales $24,500,000.00 10,900,000.00 56,300,000.00 2,800,000.00 $500,000.00 100,000.00 All work saved Email