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Prepare a condensed income statement for the year on both

Prepare a condensed income statement for the year on both bases for comparative purposes.

Sales	19,100	units @ $63
Inventory, January 1	6,530	units @ 25
Purchases	6,260	units @ 28
	10,400	units @ 32
	7,220	units @ 38
Inventory, December 31	11,310	units @ ?
Operating expenses	$253,200

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Financial Accounting: Prepare a condensed income statement for the year on both

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Financial Accounting: Prepare a condensed income statement for the year on both

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