Camilia Communications reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2016: (Click the icon to view the accounts and balances.) Prepare Camila Communications's multi-step income statement for the year ended July 31, 2016. (Use a minus sign of parentheses to show other expenses.) Camilia Communications Sales Less Sales Discounts Sales Returns and Allowances Net Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Administrative Expenses Operation Income Interest Expense Income Statement Year Ended July 31, 2016 Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Pearson 41000 3900 7200 1110 29900 18900 1100 3000 4100 35 Check Answer Camilia Communications reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2016 (Click the icon to view the accounts and balances.) Prepare Camilia Communications's multi-step income statement for the year ended July 31, 2016. (Use a minus sign or parentheses to show other expenses.) Sales Revenue Sales Discounts Sales Retums and Allowances Net Sales Revenue Cost of Goods Sold Gross Profit Gross Profit Net Sales Revenue Operating Expenses Operating Income Other Revenue and (Expenses) Revenues Total Operating Expenses tal Other Revenue and (Expenses) Net income (Loss) Year Ended July 31, 2016 Question Help 41000 3900 7200 1110 29900 18900 1100 3000 4100 35 4065 Sales Revenue Less: Sales Discounts Net Sa Cost of Accounts Payable Accounts Receivable Accrued Liabilities Administrative Expenses Camilia, Capital Cash Cost of Goods Sold Equipment, net Interest Expense Merchandise Inventory Notes Payable, long-term Sales Discounts Sales Returns and Allowances Net Inc Sales Revenue Selling Expenses Choose from any list or enter any number in the input fields and then click Check Answer. iData Table Cash Selling Expenses Account Payable 2,900 Cost of Goods Sold $ 18,900 1,100 Equipment, net 9,000 4,700 Accrued Liabilities 1,400 Camilia, Capital 3,035 Sales Revenue 41,000 Notes Payable, long-term 900 Accounts Receivable 3,600 Merchandise Inventory 1,400 Interest Expense 35 Administrative Expenses Sales Returns and Allowances 7,200 3,000 Sales Discounts 3,900 Print Done X