Income Statement

Income Statement - 262,500 Income Tax expenses 49,750 Bad...

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CAITLIN WRIGHT CORP INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2008 Revenues Net Sales  $1,225,000  Rent Revenue 20,000 Interest Revenue 2,200 Gain on sale of land 30,000 Total Revenue 1,277,200 Expenses Cost of Good Sold 683,000 Administrative expenses 99,000 Selling expenses
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Unformatted text preview: 262,500 Income Tax expenses 49,750 Bad debt expense 24,340 Supplies expense 11,664 Interest expense 1,400 Depreciation expense-B 4,500 Depreciation expense-Eq 13,100 Total Expenses 1,149,254 Net Income $127,946 Earnings per common share $1.28...
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This note was uploaded on 11/04/2010 for the course ACG 2091 taught by Professor Christinep.andrews during the Spring '09 term at FGCU.

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