Assignment 1.5 exercises Problem 3: Building an Income Sheet Complete the full income statement for Twanger Building supply. what is the net income for this firm?

Cost of goods sold Cash Depreciation Interest expense Selling & Administrative Expenses Accounts payable Net fixed assets Sales Accounts receivable Short-term Notes payable Long-term debt Inventory Intangible Assets Wages Payable Common Stock Additional Paid-In Capital Retained Earnings Tax Rate (average) $ 983,095 141,860 277.530 60.335 193.340 100.715 1,224,405 1.928.620 100.520 114,275 618,035 193 530 223,450 21.780 11.750 291,680 735 530 30% All data is for the year ended Dec 31st, 2019