Using the following information, prepare an income statement using appropriate sections and terminology. Place the income...

 

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Using the following information, prepare an income statement using appropriate sections and terminology. Place the income and expense items in an Income Statement table and show your calculations for Gross Revenue, Gross Income, Operating Income, EBITDA, EBIT, and Net Income. Item Aggregate Sales Selling, General and Administrative Expenses Equipment Depreciation Marketing Expense Cost of Raw Materials Corporate Overhead Litigation Settlement Cost Hauling Revenue Payroll and Benefits Sales, Other Products Loss on Sale of Assets Legal Services Misc. Cost of Goods Sold Ready-Mixed Concrete Sales Building Materials Sales Interest Expense Utilities and Fuel Expense Income Taxes Natural Disaster Losses Investment Income Am Amount, S 49,800 119,200 67,800 2,300 656,000 36,300 4,000 5,600 327,400 32,300 1,200 3,500 6,200 f f 1,233,000 24,400 32,100 56,400 12,400 3,000 6,100 gent Using the following information, prepare an income statement using appropriate sections and terminology. Place the income and expense items in an Income Statement table and show your calculations for Gross Revenue, Gross Income, Operating Income, EBITDA, EBIT, and Net Income. Item Aggregate Sales Selling, General and Administrative Expenses Equipment Depreciation Marketing Expense Cost of Raw Materials Corporate Overhead Litigation Settlement Cost Hauling Revenue Payroll and Benefits Sales, Other Products Loss on Sale of Assets Legal Services Misc. Cost of Goods Sold Ready-Mixed Concrete Sales Building Materials Sales Interest Expense Utilities and Fuel Expense Income Taxes Natural Disaster Losses Investment Income Am Amount, S 49,800 119,200 67,800 2,300 656,000 36,300 4,000 5,600 327,400 32,300 1,200 3,500 6,200 f f 1,233,000 24,400 32,100 56,400 12,400 3,000 6,100 gent