b. The following are the account balances for the revenues and expenses of the Windsor Gift Shop for the year ending December 31, 2018. Prepare the income statement for the shop. (Resources, Information) Rent Salaries Cost of goods sold ties Supplies Sales Advertising Interest Taxes $ 15,000 23,500 98,000 8,000 3,500 195,000 3,600 3,000 12,120

b. The following are the account balances for the revenues and expenses of the Windsor Gift Shop for the year ending December 31, 2018. Prepare the income statement for the shop. (Resources, Information)