(9.5A) Prepare an income statement. (Obj.5). For the fiscal year 2007, the San Jose Machin- ery Corporation accumulated the following data: Sales Sales Returns and Allowances Finished Goods, July 1, 2006 Finished Goods, June 30, 2007 Cost of Goods Manufactured Overapplied or Underapplied Overhead Selling Expenses Administrative Expenses Provision for Income Taxes $824,384 32,714 82,844 85,834 448,721 4,190 Dr. Balance 94,348 72,200 80,650 Instructions Prepare an income statement for the San Jose Machinery Corporation for the year ended June 30, 2007