S MyPath - Home x Content X Question 2 - Chapter 1 Prc X Prepare the income staten X C 1. Prepare Income Statem( X + X C & https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FI... to 53 Chapter 1 Problem(s) of the Week i Saved Help Save & Exit Submit Check my work 2 Required information PEPPER COMPANY Part 2 of 2 Income Statement For Year Ended December 31 Sales $ 372,000 7.5 Cost of goods sold: points eBook Goods available for sale 0 Print Less: Finished goods inventory, ending 15,600 References Cost of goods sold (15,600) Gross profit General and administrative expenses 44,500 Selling expenses 54, 100 Net income $ (98,600) Mc Hill 11:50 AM Type here to search O B a 76OF 8/29/2021