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
Total Revenue $100,000
Cost of Goods Sold ($ 20,000)Gross Profit $ 80,000
Operating Expenses Salaries $10,000 Rent $10,000 Utilities $ 5,000 Depreciation $ 5,000Total Operating Expenses ($ 30,000)Operating Profit (EBIT) $ 50,000
Interest Expense ($ 10,000)Earnings before tax (EBT) $ 40,000
Taxes ($ 10,000)Net Income $ 30,000
Number of Shares Outstanding 30,000
Earnings Per Share (EPS) $1.00
Note This is sample Income statement of xyz company . You can use this sample to implement your required company income statement.
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