Business Finance
I have to prepare a traditional income statement need to know the steps

Question Description

Information I have

Num of units sold 11000

Selling price per unit 16

Variable selling expense per unit 1

Var adm exp p un 0.5

Total fixed selling exp 20,000

Tot fixed admin exp 13,000

Begin merchadise inv. 11,000

End merch inv 25,000

Merchadise pur 90,000

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