2 (25 pts) Please prepare a merchandising income statement in good form for LTD Co. for the month ended June 30, 2019 Accounts Receivable $10,000 Rent Expense $28,000 Accumulated Depreciation 6000 Salaries Expense 70,000 Advertising Expense 4.000 Sales 325,000 Building 300,000 Sales Discounts 7,500 Cash 25,000 Sales Ret & Allow 8,000 Cost of Goods Sold 135,000 Telephone Expense 6,000 Depreciation Expense 5,000 Utilities Expense 4,500 Freight-out 9,000 Insurance Expense 3,500 Interest Expense 3,000 Interest Revenue 4,000 Inventory 45,000 (NOT ALL USTED Accounts Go ON THE INCME STATEMENT