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need help answering 9.04, 9.05, 9.08, 9.09-9.14, attached are pics of prior info to help solve along with pictures of the questions (see last picture)

need help answering 9.04, 9.05, 9.08, 9.09-9.14, attached are pics of prior info to help solve along with pictures of the questions (see last picture)image text in transcribed image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

l See The Light Projected Income Statement For the Period Ending December 31, 20x1 Sales Cost of Goods Sold Gross Profit Selling Expenses: S 1,125,000.00 750,000.00 $375,000.00 25,000 lamps$45.00 $30.00 $ 23,000.00 Fixed Variable (Commission per unit)$3.00 75,000.00 $ 98,000.00 Administrative Expenses: $ 42,000.00 Fixed Variable 50,000.0092,000.00 Total Selling and Administrative Expenses: Net Profit 190,000.00 185,000.00 1 l See The Light Projected Balance Sheet As of December 31, 20x1 Current Assets Cash Accounts Receivable Inventory $ 34,710.00 67,500.00 Raw Material 500 $16.00 Lamp Kits Work in Process Finished Goods 8,000.00 3000 $30.00 90,000.00 200,210.00 Total Current Assets Fixed Assets $ 20,000.00 6,800.00 Equipment 13,200.00 $ 213,410.00 Total Fixed Assets Total Assets Current Liabilities $ 54,000.00 54,000.00 Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Earnings $ 12,000.00 147.410.00 Total Stockholder's Equity Total Liabilities and Stockholder's Equity 159.410.00 213.410.00

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