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Show Attempt History Current Attempt in Progress You are provided with the following information for Marigold Enterprises, effective as of its April 30, 2022,
Show Attempt History Current Attempt in Progress You are provided with the following information for Marigold Enterprises, effective as of its April 30, 2022, year-end. Accounts payable $879 Accounts receivable 945 Accumulated depreciation-equipment 670 Cash 1,405 Common stock 1,305 Cost of goods sold 1,105 Depreciation expense 290 Dividends 370 Equipment 2,555 Income tax expense 210 Income taxes payable 180 Insurance expense 255 Interest expense 445 Inventory 1,102 Land 3,235 Mortgage payable 3,635 Notes payable (due March 31, 2023) 196 Prepaid insurance 105 Retained earnings (beginning) 1,600 Salaries and wages expense 655 Salaries and wages payable 267 Sales revenue 5.235 Stock investments (short-term) 1,290 (a1) Your answer is correct. Prepare an income statement for Marigold Enterprises for the year ended April 30, 2022. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Revenues Sales Revenue Expenses Cost of Goods Sold Salaries and Wages Expense Interest Expense Depreciation Expense MARIGOLD ENTERPRISES Income Statement For the Year Ended April 30, 2022 1105 655 i 445 i 290 i $ 5235
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