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Question
Find the missing data.
| CINNAMON AND SPICE, INC. Income Statement For the Year Ended December 31, Year 3 | |
| Revenues | |
| Sales Revenue | $3,000,000 |
| Service Revenue | 810,200 |
| Total Revenues | Unknown |
| Expenses | |
| Salaries and Wages Expense | 1,314,900 |
| Advertising and Promotion Expenses | 482,200 |
| Other Selling and Administrative Expenses | Unknown |
| Interest Expense | 225,600 |
| Income Tax Expense | 117,700 |
| Other Expenses | 253,700 |
| Total Expenses | 3,445,600 |
| Net Income | Unknown |
A) Total revenues are $3,810,200, other selling and administrative expenses are $1,051,500, and net income is $364,600.
B) Total revenues are $2,495,300, other selling and administrative expenses are $1,051,500, and net income is ($950,300).
C) Total revenues are $364,600, other selling and administrative expenses are $3,081,000, and net income is $7,255,800.
D) Total revenues are $3,810,200, other selling and administrative expenses are $364,600, and net income is $7,255,800.
Answer
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Related questions
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