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Carmen Communications reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2024 (Click the

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Carmen Communications reported the following figures from its adjusted trial balance for its first year of business, which ended on July 31, 2024 (Click the icon to view the accounts and balances Prepare Carmen Communications muls-step Income statement for the year ended Jay 31, 2024. (Use a minus sign or parentheses to show other expenses.) Data Table Carmen Communications Income Statement Year Ended July 31, 2024 Net soos Revenue Sales Discounts Forfeited Net Sales Revenue 28.400 400 $ 28.800 4,100 1.500 4,100 5,050 400 Cost of Goods Sold Cash Selling Expenses Accounts Payable Carmen, Capital Notes Payable long term Merchandise Inventory Administrative Expenses Estimated Rolumns Inventory 18,900 Cost of Goods Sold Equipment net Salaries Payable Net Sales Revenue Accounts Receivable Interest Expense Refunds Payable Sales Discounts Forfeited $ 18,900 8,600 1,900 28.400 3.600 60 300 Operating Expenses 800 3,000 500 400 Print Done Not Income (Los)

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