At the beginning of the current season on April 1. the records of Flounder Pro Shop showed Cash $2.940, Inventory $3,500, and Common Stock $6.440. The following transactions occurred during April 2017 Apr.5 9 10 12 14 17 20 Purchased golf bags, clubs and balls on account from Arnie Co $2,000. Received credit from Arnie Co for merchandise returned $600. Sold merchandise on account to members $1.390. The merchandise sold had a cost of $750. Purchased golf shoes, sweaters, and other accessories on account from Woods Sportswear $1.070. Paid Arnie Co Infull. Received credit from Woods Sportswear for merchandise returned $70. Made sales on account to members $930. The cost of merchandise sold was $550, Paid Woods Sportswear in full Received payments on account from members $1.280 1 21 30 Prepare an income statement through gross profit for the month of April 2017. FLOUNDER PRO SHOP Income Statement (Partial) $