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Prepare an income statement for Hansen Realty for the year ended December 31, 2023. Beginning inventory was $1,252. Ending inventory was $1,604. Note: Input all
Prepare an income statement for Hansen Realty for the year ended December 31, 2023. Beginning inventory was $1,252. Ending inventory was $1,604. Note: Input all amounts as positive values. Sales $ 35, 300 Sales returns and allowances 1, 096 Sales discount 1, 156 Purchases 10,712 Purchase discounts 544 Depreciation expense 119 Salary expense 5,400 Insurance expense 2,800 Utilities expense 214 Plumbing expense 254 Rent expense 184 HANSEN REALTY Income Statement For Year Ended December 31, 2023 Net sales Cost of merchandise (goods) sold Gross profit from sales $ 0 Operating expenses: Total operating expenses 0 $ 0
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