Pozzovivo Company produces pizza dough. Pozzovivo had the following inventory balances at 1/1/22: Raw Materials Inventory...

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Pozzovivo Company produces pizza dough. Pozzovivo had the following inventory balances at 1/1/22: Raw Materials Inventory $120,000.00 Work in Process Inventory $124,000.00 Finished Goods Inventory $ 84,000.00 Pozzovivo's activities during 2022 included the following: $1,200,000.00 Sales revenue Raw materials inventory purchases Direct labor incurred $ 250,000.00 $ 140,000.00 $ 45,000.00 Depreciation on factory equipment Depreciation on headquarters building Insurance on factory equipment Property taxes on headquarters Utilities for factory Administrative salaries Interest expense $ 50,000.00 $ 15,000.00 $ 18,000.00 $ 34,000.00 $ 150,000.00 $ 17,000.00 Pozzoxixo had the following inventory balances at 12/31/22: Raw Materials Inventory $102,000.00 Work in Process Inventory $130,000.00 Finished Goods Inventory $ 82,000.00 Prepare an Income Statement for Pozzovivo Company for the year ended 12/31/22. Assume the company is exempt from Income Taxes. Pozzovivo Company produces pizza dough. Pozzovivo had the following inventory balances at 1/1/22: Raw Materials Inventory $120,000.00 Work in Process Inventory $124,000.00 Finished Goods Inventory $ 84,000.00 Pozzovivo's activities during 2022 included the following: $1,200,000.00 Sales revenue Raw materials inventory purchases Direct labor incurred $ 250,000.00 $ 140,000.00 $ 45,000.00 Depreciation on factory equipment Depreciation on headquarters building Insurance on factory equipment Property taxes on headquarters Utilities for factory Administrative salaries Interest expense $ 50,000.00 $ 15,000.00 $ 18,000.00 $ 34,000.00 $ 150,000.00 $ 17,000.00 Pozzoxixo had the following inventory balances at 12/31/22: Raw Materials Inventory $102,000.00 Work in Process Inventory $130,000.00 Finished Goods Inventory $ 82,000.00 Prepare an Income Statement for Pozzovivo Company for the year ended 12/31/22. Assume the company is exempt from Income Taxes.