MERLINE MANUFACTURING

Income statement

For Month Ended December $31$

Sales

cost of goods sotd

Gross profit

Selting, general, and administrative expenses

sales comissions $(10\%)$

Advertising

office rent

Administrative salaries

Depreciation$-$office equipment

office Insurance

Net income

$\backslash$table$[[$$$225,000,],[250,000,],[30,000,],[45,000,],[50,000,],[10,000,610,000],[,$$$515,000$