Required:

For each of the following items in Tiny Company's financial statements, indicate

whether it is reported in the income statement or balance sheet and

whether it is an asset, liability, stockholders' equity, revenue, or expense account.

The first item is given as an example.

$2.$ In addition to the revenues and expenses included in the table, the company also reported $$4,340$ in operating expenses for the year ended December $31.$ Based on the available information, prepare an income statement.

$3.$ In addition to the revenues and expenses included in the table, the company also reported $$4,340$ in operating expenses for the year ended December $31.$ Based on the available information, determine the company's net profit margin expressed as a percent.

Complete this question by entering your answers in the tabs below.

Required $2$

Required $3$

In addition to the revenues and expenses included in the table, the company also reported $$4,340$ in operating expenses for the year ended December $31.$ Based on the available information, prepare an income statement.