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Requirements 1. Supply the missing amounts in the preceding table. 2. Prepare the income statement for the year ended December 31,2025 , for Potato Company,
Requirements 1. Supply the missing amounts in the preceding table. 2. Prepare the income statement for the year ended December 31,2025 , for Potato Company, which uses the periodic inventory system. Include a complete heading, and show the full computation of cost of goods sold. Potato's operating expenses for the year were $15,000. Data table Consider the data of the following companies which use the periodic inventory system: (Click the icon to view the data.) Read the requirements. Requirement 1. Supply the missing amounts for each of the following companies
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