Advertising 185050 Bike Service Fees Bank Accumulated Depreciation Supplies used Cost of Sales Prepaid Expense Phone service expenses Insurance Gain on revaluation of Property Plant and Equipment Electricity Prepaid Revenue Wages Inventory Rent 51450 171500 Sales Property Plant and Equipment Rent PAID 249400 Depreciation (Tools & Equipment) Carrying Amount Monies received from A/C receivable The Cycling Shop Accounts Receivable for year ending 30/06/18 Income Statement You are assisting the accountant of The Cycling Shop to complete the Income Statement. Unfortunately the items have been jumbled. Select the appropriate items and or numbers from below the table by clicking on and then dragging to the correct place in the Income Statement for The Cycling Shop for year ending June 30 2018. It may help when you click on an item to use the key pad arrow keys (up or down) to move the item up or down the page. Where guidance is not provided; items need to be listed in alphabetic order. Income 355000 105600 Gross Profit Other Income 85600 Operating Expenses 12000 7500 8000 5000 4000 60000 22000 45000 Total Operating Expenses 163500 Profit before tax Tax Expense Profit after tax 120050 Other Comprehensive Income 65000 Total Comprehensive Income for the year