Craig Blackstock owns Craig's Pets, a small retail shop selling pet supplies. On December 31, 2024, the accounting records of Craig's Pets showed the following (Click the icon to view the accounting records) Read the requirements Requirement 1. Prepare an income statement for Craig's Pets for the year ended December 31, 2024 Data Table Revenue: Cost of Goods Sold Cost of Goods Sold Gross Profit Craig's Pets Income Statement Year Ended December 31, 2024 Gullinn and Administrative Enance Choose from any list or enter any number in the input fields and then continue to the next question Merchandise Inventory on December 31, 2024 5 Merchandise Inventory on January 1, 2024 10,800 15,700 Net Sales Revenue 57,000 Utilities Expense for the shop 3.400 Rent for the shop 4.000 Sales Commissions 2350 Purchases of Merchandise Inventory 21,000 Print Done Question Help"