The following data for the current year ended June 30 are from the accounting records of Zanadu Co.: 
Prepare a multiple-step income statement for the year ended June 30.
Definitions:
Full Production
The level of production at which an economy or firm operates at maximum capacity, utilizing all available resources efficiently without waste.
Technology
The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machinery, and software.
Full Employment
Describes a situation where all available labor resources are being used in the most economically efficient way, typically with very low unemployment.
Production Possibilities Frontier
A diagram displaying the peak output scenarios for two different goods, given certain resources and influencing factors.
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