(Solution) - Using the following information from Hakim Company prepare an i -(2025 Original AI-Free Solution)

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Using the following information from Hakim Company, prepare an income statement through operating income for the year:
Sales ...................... $900,000
Finished goods inventory, beginning ......... 45,000
Cost of goods manufactured ............ 585,000
Finished goods inventory, ending .......... 60,000
Operating expenses ................. 275,000