At January $1,2024,$Sipacore Inc. reported the following information on its statement of financial position: During $2024,$the company had the following summary transactions for receivables: Sales on account, $$1,670,000$; cost of goods sold, $$935,200$ ; return rate of $7\%$ Selling price of goods returned, $$83,000$; cost of goods returned to inventory, $$46,480$ Collections of accounts receivable, $$1,600,000$ Write $-$ offs of accounts receivable deemed uncollectible, $$47,000$ Collection of accounts previously written off as uncollectible, $$13,000$ After considering all of the above transactions, total estimated uncollectible accounts, $ $29,000$

Q: Show the statement of income presentation of the revenue and expense accounts for the year ended December $31.$

$($Can you please provide the answer in the same format at the picture... thank you!$)$