I need help calculating the Sales, COGS, Gross Margin, and Operating Income based on the below information. Thank you in advance for any help! Income...

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Before the end of August, Jobs 70, 72, 73, and 75 were completed. On August 31, Jobs 72 and 75 were sold.

Cairle's selling and administrative expenses for August were $1,100. Assume that Cairle prices its jobs at cost plus 20 percent.

Required:

Compose an income statement for Cairle Company for August.

Cairle Company

Income Statement

For the Month of August

Sales $

COG sold $

Gross margin $

Selling and Admin Exp 

Operating income $