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(version a) Income Statement Tart Inc. had the following data: Sales of Beginning Inventory Selling Expenses Dividends Ending Inventory Tax Rate $450,000 45,000 35,000 5,000
(version a) Income Statement Tart Inc. had the following data: Sales of Beginning Inventory Selling Expenses Dividends Ending Inventory Tax Rate $450,000 45,000 35,000 5,000 25,000 25% Purchases 165,000 Administrative Expenses 32,000 Accounting Change, gross 7,500 Interest 10,000 Purchase of Equipment 30,000 Required: prepare an income statement for Tart, Inc
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