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Please complete a multi step income statement with the information provided. (Not all information provided may...

Please complete a multi step income statement with the information provided. (Not all information provided may be relevant in completing the question).

Inventory Information
Inventory on hand at the beginning of October:
Units Cost / unit Total Cost
Purchase # 1 15 60 $900
Purchase # 2 25 70 1,750
40 $2,650
October 2018 transactions related to buying and selling widget inventory
1-Oct Sold 30 widgets at $125 each on credit
3-Oct Purchased 60 widgets at a cost of $80 per widget on credit
10-Oct Sold 45 widgets at $150 each on credit
20-Oct Purchased 40 widgets at a cost of $85 per widget on credit
24-Oct Sold 35 widgets at $165 each on credit
The PHYSICAL count of widget inventory on hand at October 31, 2018 shows 23 widgets at a FIFO cost of $1,955.
Beginning Inventory Units Cost / unit Cost
15         60             900
25 70          1,750
40          2,650
Number of Days Outstanding
Total 0-30 31-60 61-90 91-120 over 120
Accounts Receivable $     163,075 $146,768 $     6,523 $     3,262 $     4,892 $     1,631
% Uncollectible 0.02 0.06 0.075 0.08 0.09
Estimated Uncollectible $         4,109         2,935            391            245            391            147

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