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. REX MANUFACTURING Income Statement For Year Ended December 31 Cost of goods sold Cost of goods manufactured Cost of goods sold Goods available for sale Finished goods inventory, beginning cost of goods manufactured Selling expenses Cash Land Sales Equipment Income Statement For Year Ended December 31 Cost of goods sold Net income Net loss