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Prepare an income statement for Blossom Inc. for the year ended December 31, 2025. BLOSSOM INC. Income Statement $ $ The following items and amounts
Prepare an income statement for Blossom Inc. for the year ended December 31, 2025. BLOSSOM INC. Income Statement $ $ The following items and amounts were taken from Blossom Inc.'s 2025 income statement and balance sheet. CashRetainedearningsCostofgoodssoldSalariesandwagesexpensePrepaidinsuranceInventory$93,300123,000437,600116,2007,90064,000AccountsreceivableSalesrevenueNotespayableAccountspayableServicerevenueInterestexpense$88,300585,2006,30052,4004,8001,790
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