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At the end of Swifty Department Store's fiscal year on November 30, 2022, these accounts appeared in its adjusted Freight-In Inventory Purchases Purchase Discounts Purchase
At the end of Swifty Department Store's fiscal year on November 30, 2022, these accounts appeared in its adjusted Freight-In Inventory Purchases Purchase Discounts Purchase Returns and Allowances Sales Revenue Sales Returns and Allowances $7,600 38,000 569,400 6,600 3,000 1,055,600 20,400 Additional facts: Per a physical count, merchandise inventory on November 30,2022 , is $51,200. Note that Swifty Department Store uses a periodic system. Prepare an income statement through gross profit for the year ended November 30, 2022. SWIFTY DEPARTMENT STOR Income Statement (Partial)
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