Brace Co. Partial Worksheet For the Year Ended December 31, 2018 Income Statement Dr. Cr. Account Titles 2,950 Sales 117 Sales Returns and Allow. Sales Discounts 68 860 Cost of Goods Sold 350 Salaries Expense Insurance Expense 190 110 220 235 Advertising Expense Rental Income Rent Expense Depreciation Exp., Store Equip. Salaries Payable 210 3,170 2,140 1,030 Net Income 3,170 3,170 Brace Co. Income Statement For the Year Ended December 31, 2018 Revenue: Less: TE Gross Profit Operating Expenses: Total Operating Expenses Other Income: UT Net Income (Loss)