Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information. Hint. Not all Information given is needed for the solution. Finished goods inventory, ending General and administrative expenses Accounts receivable Finished goods inventory, beginning Cost of goods manufactured Selling expenses Cash $ 16,300. 14,300 18,300) 19,300 40,300 12,300 55,300 56 Land Sales Equipment Cost of goods sold REX MANUFACTURING Income Statement 28,300 92,600 1,300 For Year Ended December 31 4