Sandhill Company had the following normal account balances on selected accounts at December 31, 2022: $776,000 Sales Revenue Sales Returns and Allowances 60,000 47,600 Sales Discounts Cost of Goods Sold 476,800 Freight-Out 2,400 Advertising Expense 18,000 Interest Expense 23,200 101,200 Salaries and Wages Expense Utilities Expense 28,400 Depreciation Expense 4,800 Interest Revenue 30.000 MCCOY COMPANY Income Statement $ For the Month Ended December 31, 2022 December 31, 2022 For the Year Ended December 31, 2022 $ > >