Required: a. Prepare a cost of goods manufactured and sold statement. b. Prepare an income statement....

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Required: a. Prepare a cost of goods manufactured and sold statement. b. Prepare an income statement. Answer is not complete. Complete this question by entering your answers in the tabs below. COGM and COGS statements Income statement Prepare an income statement. Note: Enter your answers in thousands of dollars (i.e., 234,000 should be entered as 234). Sales revenue Kessler Brothers Income Statement For the Year Ended December 31 Less: Cost of goods sold Gross margin Administrative costs Marketing costs (Thousands of Dollars) Total operating costs Operating profit < COGM and COGS statements $ 0 Income statement > Prov 6 of 6 Required: a. Prepare a cost of goods manufactured and sold statement. b. Prepare an income statement. Answer is not complete. Complete this question by entering your answers in the tabs below. COGM and COGS statements Income statement Prepare an income statement. Note: Enter your answers in thousands of dollars (i.e., 234,000 should be entered as 234). Sales revenue Kessler Brothers Income Statement For the Year Ended December 31 Less: Cost of goods sold Gross margin Administrative costs Marketing costs (Thousands of Dollars) Total operating costs Operating profit < COGM and COGS statements $ 0 Income statement > Prov 6 of 6