Question: E2-26A Continues E2-25A: Prepare income statement (Learning Objective 5) Prepare the income statement for Padini in E2-25A and compute the number of unit products sold

E2-26A Continues E2-25A: Prepare income statement (Learning Objective 5)

Prepare the income statement for Padini in E2-25A and compute the number of unit products sold if the average cost per unit of product sold amounted to $50. Sales revenue and operating expenses amounted to $357,500 and $67,650, respectively.

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