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Prepare an income statement for Rex Manufacturing for the year ended December 3 1 using the following information. Hint: Not all information given is needed

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 $ 16,800
General and administrative expenses 14,800
Accounts receivable 18,800
Finished goods inventory, beginning 19,800
Cost of goods manufactured 40,800
Selling expenses 12,800
Cash 55,800
Land 28,800
Sales 93,600
Equipment 1,800
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