Education homework help
$1,732,340 Required:Create a classified income statement for the year ended December 31, 2019. The expense accounts represent warehouse expenses, selling expenses, and general and administrative expenses.Create a statement of owner’s equity for the year ended December 31, 2019. No additional investments were made during the period.Create a classified balance sheet as of December 31, 2019. The mortgage payable extends for more than one year.Analyze:What percentage of total operating expenses is attributable to warehouse expenses?