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13. Prepare an income statement for 2020 for the Landry Company using the following list...

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13. Prepare an income statement for 2020 for the Landry Company using the following list of items. Net Income 1/1/2020 - 12/31/2020 Accumulated Depreciation Cash L-T Debt Sales Accounts Payable General & Admin. Expense Plant & Equipment Notes Payable Accounts Receivable Interest Expense Accrued Expense Common Stock Cost of Goods Sold Inventory Depreciation Prepaid Expenses Retained Earnings The Tax rate is 40% $263,000 225,000 334,000 573,000 102,000 79,000 895,000 75,000 153,000 4,750 60,900 289,000 297,000 99,300 66,000 14,500 262,900

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