1. Rickey's Retail has the following financial information for the most recent accounting period. Prepare an income statement. Rickey's Retail Income Statement Gross Sales Sales Returns & Allowances Cost of Goods Sold Rent Expense Interest Expense Income Tax Expense Depreciation Expense Salaries Expense Utility Expense $864,740 47,399 483,237 86,705 1,156 16,185 5,780 98,266 $ 28,902

1. Rickey's Retail has the following financial information for the most recent accounting period. Prepare an income statement