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. Onyx Corporation has provided the following information about its operating activitics for the year: 550.00e-24 $150,00 75,00 854,00 65,000 Merchandise Inventory, January l Merchandise

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. Onyx Corporation has provided the following information about its operating activitics for the year: 550.00e-24 $150,00 75,00 854,00 65,000 Merchandise Inventory, January l Merchandise Inventory, December 31 elling and Administrative Expenses 1,000,00 Required: Prepare Onyx's income statement for the ycar ended December 31, including the hcading

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