Question: 12. Answer the following based off the informationgiven. (b) Prepare an income statement for May 2022 through gross profit.At May 31, 2022, the accounts of

12. Answer the following based off the informationgiven. (b) Prepare an income statement for May 2022 through gross profit.At May 31, 2022, the accounts of Sandhill Company show the following 1. May 1 inventories-finished goods $ \$ 12,330 $, work in pr 1 answer

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