222 Question 1 of 15 View Policies Current Attempt in Progress Freight-in Purchases On January 1, 2024, Carla Vista Company had inventory of $53,000. At December 31, 2024, Carla Vista had the following account balances. Purchase discounts 1> Purchase returns and allowances Sales Sales discounts Sales returns and allowances $3,700 509,500 5,500 1,600 860.000 5,300 /18 11,100 !!! - At December 31, 2024, Carla Vista determines that its ending inventory is $70,000. Carla Vista uses the periodic inventory system. Using the format of an income statement, but without a title, draft an income statement to gross profit. Rain off and on 10:35 AM 12/3/2022 O 01:18:31 Question 1 of 15 View Policies Current Attempt in Progress Freight-in Purchases On January 1, 2024, Carla Vista Company had inventory of $53,000. At December 31, 2024, Carla Vista had the following account balances. Purchase discounts Purchase returns and allowances Sales Sales discounts Sales returns and allowances $3.700 509,500 5,500 1,600 860,000 5,300 11,100 - / 18 At December 31, 2024, Carla Vista determines that its ending inventory is $70,000. Carla Vista uses the periodic inventory system. Using the format of an income statement, but without a title, draft an income statement to gross profit. $ E