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


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 Gerald Company for the year ended December 31, 2021. Use the cost-of-goods-sold model to compute cost of goods sold. Gerald's operating and other expenses for the year were $38,000. Ignore income tax. Review the income statement data for each of the following companies: (Click the icon to view the data.) Read the Requirement 1. Supply the missing income statement amounts for each of the companies. Requirement 2. Prepare the income statement for Gerald Company for the year ended December 31, 2021. Use the cost-of-goods-sold model to c tax. Data table
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