Craig Peters owns Craig's Pets, a small retail shop selling pet supplies. On December 31, 2025, the accounting records of Craig's Pets showed the following: View the accounting records. Read the requirements. Requirement 1: Prepare an income statement for Craig's Pets for the year ended December 31, 2025. Craig's Pets Income Statement Year Ended December 31, 2025 Revenue: Net Sales Revenue. Cost of Goods Sold: 59,000