Question 15 of 35 Accounts payable Accounts receivable Cash The following selected counts from Sandhill Corporation's general ledger are presented below for the year ended December 31, 2024: Accumulated depreciation-equipment Common shares Cost of goods sold Deferred revenue Depreciation expense Equipment Income tax expense Inventory Prepaid expenses Retained earnings $77,040 145,040 561.540 11,760 294,000 1,886,500 19,000 272,440 1,630,720 129,360 125.440 366.520 44,100 -/1 662,480 ||| E

The following selected counts from Sandhill Corporation's general ledger are presented below for the year ended December 31 , 2024: Prepar \# a singledtepstatement of income