Requirement 2. MusicPalace uses the FIFO method. Prepare the company's income statement for the month ended March 31, 2021, reporting gross profit. Operating expenses totaled $270, and the income tax rate was 35%. (Round answers to the nearest dollar.) MusicPalace Income Statement Month Ended March 31, 2021 Net income

MusicPalace therme Statement Menth Cnoed Warch 21, 2024 Net unome Data table