Account balances for Cayden Enterprises, a sole trader, at 31 March is:

Accounts payable $20,000; Accounts receivable $50,000;Accumulated depreciation - fixtures and fittings $5,000; Advertising expense $1,500; Capital $160,400; Cash at bank $100,000;

Cost of sales$132,000; Depreciation expense - fixtures and fittings $2,500: Fixtures and fittings $12,000;Inventory $40,000; Land $25,000;Loan payable $20,000; Prepaid rent $ 1,200;

Rent expense $3,800; Repairs expense $9,900; Sales revenue $172,500; Unearned revenue $3,500.

what are the items that would appear in the Income Statement

for the period ended 31 March. including the name of the accounts.

Gross Profit Net Profit