Manufacturing Firm Income Statement Morning Sales Coffee Company manufactures Stoneware French Press coffee makers and sold 8,000 coffee makers during the month of March at a total cost of $512,500. Each coffee maker sold at a price of $100. Morning Smiles also incurred two types of selling costs: commissions equal to 5% of the sales price and other selling expense of $45,000. Administrative expense totaled $47,500 Required: Prepare an income statement for Morning Smiles for the month of March. Enter all amount as positive number, Morning Smiles Coffee Company Income Statement For the Month of March 9 Selling expenses