Presented below is information related to Oriole plc (amounts in thousands). Administrative expense ficers^ prime salaries£13,230 10,692 Depreciation of office furniture and equipment Cost of goods sold 171,639 Rent revenue 46,521 7.263 Selling expense Delivery expense Sales commissions Depreciation of sales equipment Sales revenue 21.546 17.496 260.550 Income tax 20,466 Interest expense Ordinary shares outstanding for 2022 total 116,815 in thousands) Prepare an income statement for the year 2022. (Round earnings per share to 2 decimal places, 1.48.

6. why the aggregate supply curve slopes upward in the short run in the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price level in the economy deviates from the expected price level. several theories explain how this might happen. for example, the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. consider a soybean farmer who expects a price level of 100 in the coming year. if the actual price level turns out to be 90, soybean prices will , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by the quantity of soybeans supplied. if other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to the natural level of output in the short run.