Question: Requirement 1. Supply the missing income statement amounts for each of the companies. Requirements 1. Supply the missing income statement amounts for each of the

the companies. Requirements 1. Supply the missing income statement amounts for each

Requirement 1. Supply the missing income statement amounts for each of the companies. Requirements 1. Supply the missing income statement amounts for each of the companies. 2. Prepare the income statement for Cailley Company for the year ended December 31, 2021. Use the cost-of-goods-sold model to compute cost of goods sold. Cailley's operating and other expenses for the year were $38,000. Ignore income tax

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