Question
The following items and amounts were taken from Sandhill Inc's 2025 Income statement and balance sheet. Cash Retained earnings Cost of goods sold Salaries
The following items and amounts were taken from Sandhill Inc's 2025 Income statement and balance sheet. Cash Retained earnings Cost of goods sold Salaries and wages expense Prepaid insurance Inventory $ 91,800 123,900 436,700 118.100 7,900 64,900 Accounts receivable Sales revenue Notes payable Accounts payable Service revenue Interest expense $89,200 582,600 6,600 50,600 5,200 1.850 Prepare an income statement for Sandhill Inc. for the year ended December 31, 2025. SANDHILL INC. Income Statement $
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