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score:Tp P11-29A (similar to) The incorne statement or Californa Commur cat ons blows Assure allorna Commun at s sa red a 120 dy g% $4,000

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score:Tp P11-29A (similar to) The incorne statement or Californa Commur cat ons blows Assure allorna Commun at s sa red a 120 dy g% $4,000 note on Jm 1 2016 and tat tes was (cack the con to view the income statement ) ony note payable lor the company Data Table Requirements 1. Fill in the missing information for Calfomia's year ended July 31,2016, income statement 2. Compute the times-interest-earned ratio for the company California Requirement 1. Fill in the missing information for Calfomia's year ended July 31, 2016, income statement ( Income Statement California Communications Income Statement Year Ended July 31, 2016 Year Ended July 31, 2016 Sales Revenue $ 35,000 Less Sakes Returns and Allowance 4,800 2,800 Sales Revenue Less. Sales Retuns and Allowances $ 35,000 4,800) (2,800) Sales Discounts Net Sales Revenue Cost of Goods Sold Gross Profit Operating Experses s 27,400 10,000 Sales Discounts 17400 Net Sales Revenue Cost of Goods Sold Gross Prolfit $ 27,400 (10,000) 17,400 750 1,750 Seling Expenses 2.500 Enter any number in the edit fields and then click Check Answer Total Operating Expenses 14.900 ating Income part O Type here to search Ner Saies Revenue Cost of Goods Sold Gross Profit Operating Expenses 10,000 17,400 Selling Expenses 750 1,750 Total Operating Expenses 2,500 Operating Income 14,900 Other Revenues and (Expenses) Interest Expense Total Other Revenues and (Expenses) Net Income before Income Tax Expense 2,970 ncome Tax Expense S ? Net Income

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