From the following data, prepare in proper form an income statement showing departmental gross profit (assume a 18% tax rate) for Prompt Stop for the year ended December 31, 201X.

Cash	$13,500
Accounts Receivable	8,000
Allowance for Doubtful Accounts	1,700
Equipment	15,500
Accumulated Depreciation, Equipment	8,900
Accounts Payable	9,900
B.Smith, Capital	12,500
B.Smith, Withdrawals	2,600
Sales, Grocery	20,000
Sales, Pizza	22,000
Sales Returns and Allowances, Grocery	1,700
Sales Returns and Allowances, Pizza	2,800
COGS, Grocery	7,200
COGS, Pizza	10,600
Total Operating Expenses	5,000