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Please help ASAP in the following c) Prepare the income statement (consider worker participation of 10% and income tax of 30%) Thank you in advance,

Please help ASAP in the following

c) Prepare the income statement (consider worker participation of 10% and income tax of 30%)

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Thank you in advance, Ill give thumps up:)

2 2020 3 4 4 $ $ $ 5 6 7 BANK 8 CLIENTS 9 STORE RAW MATERIAL 10 PRODUCTION IN PROCESS 11 STORE FINISHED ITEMS 12 MACHINERY AND MANUFACTURING EQUIPMENT 13 ACCUM. DEPRECIATION MACH.AND FACTORY EQPT. 14 CAST TEAM 15 SUPPLIERS 16 SOCIAL CAPITAL 17 ACCUMULATED PROFIT 18 19 initial balance $ 403.200,00 $ 336.000,00 $ 168.000,00 $ 114.000,00 $ 201.600,00 $ 336.000,00 $ 64.000,00 $ 200.000,00 $ 272.000,00 $ 1.228.800,00 194.000,00 $ SOCIAL CAPITAL $ 1.228.800,00 $ $ clients S 336.000,00 $ 650.000,00 $ 700.000,00 Raw material warehouse $ 168.000,00 $ 160.000,00 $ 140.000,00 ACCUMULATED PROFIT $ 194.000,00 BANK 403.200,00 $ 650.000,00 5 s $ $ 60.000,00 6.000,00 180.000,00 60.000,00 90.000,00 INDIRECT CHARGES $ 20.000,00 $ 109.600,00 $ 10.000,00 $ 6.000,00 $ 33.600,00 $ 40.000,00 396.000,00 $ $ S 1.053.200,00 $ 657.200,00 $ 1.036.000,00 $ 650.000,00 $ 386.000,00 $ 308.000,00 $ 160.000,00 $ 148.000,00 $ 1.228.800,00 $ 1.228.800,00 $ 194,000,00 $ 194.000,00 $ 109.600,00 $ 109.600,00 s - . ES Production in process 114.000,00 S 250.000,00 140.000,00 50.000,00 109.600,00 warehouse art finished S 201.600,00 S 450.000,00 S 250.000,00 mach, and egpt. manufacturing S 336.000,00 WORKFORCE $ 60.000,00 $ 50.000,00 s 10.000,00 DEPR ACUM CAST TEAM S 40.000,00 SALES S 700.000,00 s 1s 1 1 2 3 # $ 413.600,00 S 5 $ 163.600,00 3 250.000,00 $ 451.600,00 $ 450.000,00 $ 1.600,00 $ 336.000,00 S $ 336.000,00 $ 60.000,00 $ $ 60.000,00 $ $ $ 40.000,00 $ 40.000,00 $ 700.000,00 $ 700.000,00 ACCUM. DEPR. MACH.AND EQPT. 64.000.00 $ 33.600,00 CAST TEAM $ 200.000,00 SUPPLIERS $ 180.000,00 S 272.000,00 $ 140.000,00 SALES COST $ 450.000,00 ADMIN. EXPENSES $ 60.000,00 SALES EXPENSES $ 90.000,00 S 7 S B-S 97.600,00 S200.000,00 $ 200.000,00 S 180.000,00 S 412.000,00 s 232.000,00 97.600,00 $ 450.000,00 S $ 450.000,00 $ 60.000,00 S S 60.000,00 S 90.000,00 S 590.000,00 4 5 During 2020 the following operations were carried out: 61. Raw materials were purchased on credit in the amount of $ 140,000.00 7 2. The production department required $ 160,000.00 of raw material, of which 8 $ 140,000.00 were direct and $ 20,000.00 indirect. 93. The amount of labor paid in the period amounted to the amount of $ 60,000.00, of which $ 50,000.00 was direct and $ 10,000.00 indirect. 1 2 4. Various indirect expenditures were made (electricity, rent, etc.) 3 that import $ 6,000.00 4 s. Manufacturing machinery depreciated by 10% per year. 56. The delivery team depreciated by 20% per year. 6 7. Items with an amount of $ 250,000.00 were completed. 78. Sales for the year were $ 700,000.00, the cost of which amounted to the amount 8 of $ 450,000.00 99. The collection from clients was $ 650,000.00 10. Payment to suppliers in the year was $ 180,000.00 111. The administration expenses were $ 60,000.00 2. 12. The selling expenses incurred were $ 90,000.00 3

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