Windsor Corporation had sales of $ 2,990,000 for the year ended December 31, 2022. The unit selling price was $ 13. In making the sales, the company incurred the following costs and expenses.

		Variable		Fixed
Cost of goods sold		$ 824,000		$ 750,000
Selling expenses		123,000		61,000
Administrative expenses		249,000		75,000

Prepare a GAAP income statement.

WINDSOR CORPORATION GAAP Income Statement choose the accounting period For the Year Ended December 31, 2022December 31, 2022For the Quarter Ended December 31, 2022
select an income statement item				$ enter a dollar amount
select an income statement item				enter a dollar amount
select a summarizing line for the first part				enter a total amount for the first part
select an opening section name
select an income statement item		$ enter a dollar amount
select an income statement item		enter a dollar amount
select a closing section name				enter a total amount for this section
select a closing name for this statement				$

Prepare a CVP income statement. (Round per unit answers to 2 decimal places, e.g. 15.25.)

WINDSOR CORPORATION CVP Income Statement choose the accounting period For the Year Ended December 31, 2022December 31, 2022For the Quarter Ended December 31, 2022
		Total			Per Unit		Percent of Sales
select an income statement item			$ enter a dollar amount		$ enter a dollar amount rounded to 2 decimal places		enter percentages %
select an opening name for section one
select an income statement item		$ enter a dollar amount
select an income statement item		enter a dollar amount
select an income statement item		enter a dollar amount
select a closing name for section one			enter a total amount for section one		enter a dollar amount rounded to 2 decimal places		enter percentages %
select a summarizing line for the first part			enter a total amount for the first part		$ enter a total amount per unit rounded to 2 decimal places		enter percentages for the first part %
select an opening name for section two
select an income statement item		enter a dollar amount
select an income statement item		enter a dollar amount
select an income statement item		enter a dollar amount
select a closing name for section two			enter a total amount for section two
select a closing name for this statement			$ enter a total net income or loss amount