Question: Using the attached excel, please follow the instructions and then complete the required financial statement (17 marks): Exercise #3.xisy For the toolbar, press ALT+F10 (PC)

 Using the attached excel, please follow the instructions and then complete
the required financial statement (17 marks): Exercise #3.xisy For the toolbar, press

Using the attached excel, please follow the instructions and then complete the required financial statement (17 marks): Exercise #3.xisy For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). \begin{tabular}{|c|l|r|} \hline I The information below relates to the operations of Konun Corporation fo \\ \hline 2 & & Cost of goods sold \\ \hline 3 & Interest expense & $84,500 \\ \hline 4 & Sales returns and allowances & $585 \\ \hline 5 & Accounts payable & $2,240 \\ \hline 6 & Sales discounts & $30,032 \\ \hline 7 & Depreciation expense & $960 \\ \hline 8 & Sales revenue & $71,148 \\ \hline 9 & Salaries and wages expense & $245,586 \\ \hline 10 & Prepaid expenses & $40,895 \\ \hline 11 & Rent expense & $875 \\ \hline 12 & Loss from fire & $9,500 \\ \hline 13 & Rent revenue & $2,092 \\ \hline 14 & & $6,000 \\ \hline 15 & & \\ \hline 16 & Additional Infornation: & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline 16 & Additional Information: \\ \hline 17 & The effective tax rate is 30% \\ \hline 18 & Depreciation expense: 60% \end{tabular} Depreciation expense: 60% administrative expenses and 40% Salaries and wages: 35% administrative expense and 65% sel Rent expense: 75% administrative expense and 25% selling c: Instructions Using the next tab, and the drop-downs provided for accounts, prepare a

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