$4$

Use the following Year $3$ data:

$10$

points

$\backslash$table$[[$eB$$ook$],[$Print$],[$References$]]$

Other Selling and Administrative Expenses

Other Expenses

Sales Revenue

Advertising and Promotion Expenses

Salaries and Wages Expense

Income Tax Expense

Interest Expense

$$1,050,300$

$247,600$

$4,885,300$

$552,500$

$2,524,400$

$166,500$

$113,900$

Required:

Prepare the annual income statement for Kvass, Incorporated

$\backslash$table$[[$KVASS$,$ INCORPORATED$],[$Income Statement$],[$For the Year Ended December $31,$ Year $3,],[$Revenues:$,],[,],[,],[$Total Revenues,$],[$Expenses:$,],[,],[,],[,]]$