Given the following information,prepare in good form the cost of goods sold section of an income statement for 20x5.
Definitions:
Overestimating
The action of assessing something or someone as greater, larger, or more important than it is in reality.
Over-optimism
The tendency to be too confident or hopeful about future events or outcomes, often leading to underestimating risks.
Prospects
Potential customers or clients who have shown interest in a company's product or service.
Abilities
The inherent physical or mental capacities individuals possess, which can vary widely and impact performance in various tasks or occupations.
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