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You have been provided with the following account balances for Webber Ltd. for the years ended November 30, 2020, and 2021: 2021 2020 Advertising

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You have been provided with the following account balances for Webber Ltd. for the years ended November 30, 2020, and 2021: 2021 2020 Advertising expense $311,000 $282.000 Cost of goods sold 1,753,360 1,461,720 General and administrative expenses 112,000 105,000 Income tax expense 83,000 102,000 Interest revenue 4,900 6,700 Rent expense Sales revenue 36,000 24,900 3,131,000 2,811,000 Utilities expense Wages expense 88,000 507,000 70,400 388,000 Your answer is partially correct. Prepare a multi-step, comparative statement of income for Webber for 2020 and 2021. Webber Ltd Statement of Income For Years Ended November 30 Sales Revenue Cost of Goods Sold Gross Margin Operating Expenses Advertising Expense General and Administrative Expenses Rent Expense Utilities Expense Wares Expense 4 (Co tv 2021 2020 3,131,000 2.811.00 1.753.360 1461721 1,342,890 1,366,611 311.000 282.000 112.000 105.000 36.000 24.90 88.000 70,40 507.000 388.00 A W C

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