QS $14-11($Algo$)$ Preparing an income statement LO P$1$

Prepare an income statement for Rex Manufacturing for the year ended December $31$ using the following information. Hint. Not a information given is needed for the solution.

$\backslash$table$[[$Finished goods inventory, ending,$],[$General and administrative expenses,$16,300],[$Accounts receivable,$14,300],[$Finished goods inventory, beginning,$18,300],[$Cost of goods manufactured,$19,300],[$Selling expenses,$40,300],[$Cash$,12,300],[$Land$,55,300],[$Sales$,28,300],[$Equipment$,92,600],[,1,300]]$

$\backslash$table$[[$REX MANUFACTURING,$],[$Income Statement,$],[$For Year Ended December $31,],[,,],[$Cost of goods sold,,$],[,,],[,,],[,,]]$

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