C & D Stores	Year Ended 30 April 2020
Vehicle running costs	£1,500
End inventory	£4,200
Rent	£6,100
Motor vehicles – cost less depreciation	£7,300
Annual depreciation – motor vehicles	£1,900
Light and heat	£960
Communication and postage	£520
Sales	£100,000
Goods bought	£68,700
Insurance premiums	£800
Loan interest costs	£650
Bank account balance	£4,600
Wages	£10,600
Beginning inventory	£4,400

Prepare a detailed income statement for the year ended 30 April 2020, and include the computation of cost of goods sold and net profit.