This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: $6,663,449 Stockholder Equity Capital Stock 765,600 Retained Earnings 2,578,442 Total Stockholder Equity $3,344,042 Total Liabilities and Equity $10,007,491 Income Statement Revenues Sales $10,939,643 Less Returns 207,636 Total Revenues $10,732,007 Less Expenses Cost of Merchandise $6,928,759 Salary Expenses 971,098 Depreciation 318,654 Selling and Administrative expense 502,051 Interest Expense 505,780 Income Tax Expense 501,174 Total Expenses $9,727,516 Net Income $1,004,491...
View Full Document
This note was uploaded on 06/17/2011 for the course BUS 353 taught by Professor Henrynovak during the Spring '11 term at St. Xavier.
- Spring '11