5. The following information was taken from the accounting records of Mountain Pass Cabinets, LTD. for the month of April 2021: Sales Sales Returns and Allowances Sales Discounts Purchases Purchases Returns and Allowances Purchases Discounts Freight-In Merchandise Inventory, January 1 Merchandise Inventory, January 31 $857,000 1,876 627 378,000 9,560 2,760 3,700 111,000 106,000 Complete a partial income statement for the month of January, showing gross profit. Mountain Pass Cabinets LTD Income Statement (partial) For the month ended April 30, 2021 Sales Sales returns and allowances Sales discounts Net sales Cost of goods sold: Merchandise inventory, January 1 Purchases Purchases returns and allowances Purchases discounts Net purchases Freight-in Cost of goods purchased Goods available for sale Merchandise inventory, January 31 Cost of goods sold Gross profit