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The following selected accounts from Orlando Corporation's general ledger are for the year ended December 31, 2027. Accounts receivable Accumulated depreciation-equipment Advertising expense Common stock

The following selected accounts from Orlando Corporation's general ledger are for the year ended December 31, 2027. Accounts receivable Accumulated depreciation-equipment Advertising expense Common stock Cost of goods sold Depreciation expense Dividends Equipment Freight-out $265,000 764,500 55,000 250,000 1,172,000 125,000 150,000 1,450,000 25,000 Insurance expense Interest expense Interest revenue Inventory Prepaid expenses Rent revenue Retained earnings Salaries and wages expense Sales revenue Unearned sales revenue $23,000 62,000 30,000 97,000 31,000 24,000 535,000 705,000 2,589,500 18,000 Prepare a multiple-sten income statement (List other revenues before other evnenses If there is a net loss then enter the amount using
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Question 11 of 13 2.45/3 OREAKDO CORP ORAIHUK Income Statement For the Year Ended December 31, 2027 Sales Revenue Cost of Goods Sold Gross Profit Operating Expenses Advertising Expense Depreciation Expense Frelint-Out Inturance Expense Sstarier and Wages Expense 5 2,589,500 1,417,500 The following selected accounts from Orlando Corporation's general ledger are for the year ended December 31, 2027. Question 11 of 13 Salaries and Wages Expense Total Operating Expenses Income from Operations Other Reverves and Gains Rent Revenue Interest Revenue Net Income/(Loss) 2.45/3 705,000 1. 30000

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