Atthe end of Oates Department Store's fiscal year on November 30, 2017, these accounts appeared in its adjusted trial balance. Freight-In Inventory (beginning) Purchases Purchase Discounts Purchase Returns and Allowances Sales Revenue Sales Returns and Allowances 7.286 59,472 882,720 10,080 9,734 1,298,880 28,800 Additional facts: 1. Inventory on November 30, 2017, is $ 52,128. 2. Note that Oates Department Store uses a periodic system. Prepare an income statement through gross profit for the year ended November 30,2017. OATES DEPARTMENT STORE Income Statement (Partial)