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answer the follwing Application Problem 2-13A a-c (Part Level Submission) The Wizard's Comer, a company that sells video games and related items, had the following

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Application Problem 2-13A a-c (Part Level Submission) The Wizard's Comer, a company that sells video games and related items, had the following account balances at the end of June 2020: Cost of goods sold $98,800 Common shares 34,500 Advertising expense 7,300 Equipment 18,300 Depreciation expense 1,830 Dividends declared 3,450 Accounts payable 12,600 Inventory 29,000 Wages expense 38,100 Sales revenue 193,700 Accounts receivable 15,800 Rent expense 11,000 Cash 44,320 Prepaid rent 4,900 Wages payable 9,000 Retained earnings (as at July 1, 2019) 23,000 (a) A wie Sons Inc IT (a) HAPTER 2 on Problem 2- Part Level lon) on Problem 2 Your answer is partially correct. Try again. Prepare a statement of income for the year ended line 30, 2020. (Enter loss using alther a negative sign preceding the number .g. -45 or on Problem 2 (Part Level sion on Problem? 01-64. (Part ubmission) The Wizard's Corner Statement of Income For the Year Ended June 30, 2020 Sales Revenue 191700 core esults by Jective Less Expenses Cost of Goods Sold 104100 Advertising Expense 6300 Depreciation Expense 1590 Rent Expense 12700 Wages Expense 134900 Total Expenses 159590 Net Income / (Loss) 32110

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