Question
The following items and amounts were taken from Oriole Inc.'s 2025 income statement and balance sheet. Cash Retained earnings Cost of goods sold Salaries
The following items and amounts were taken from Oriole Inc.'s 2025 income statement and balance sheet. Cash Retained earnings Cost of goods sold Salaries and wages expense Prepaid insurance Inventory $ 94,300 122,000 438,800 118,800 8,100 64,700 Accounts receivable Sales revenue Notes payable Accounts payable Service revenue Interest expense $ 87,400 583,700 6,800 53,200 5,400 1,850 Prepare an income statement for Oriole Inc. for the year ended December 31, 2025.
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