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Exercise 5-5 The adjusted trial balance of Ivanhoe Company shows these data pertaining to sales at the end of its fiscal year, October 31, 2017:

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Exercise 5-5 The adjusted trial balance of Ivanhoe Company shows these data pertaining to sales at the end of its fiscal year, October 31, 2017: Sales Revenue $908,200; Freight-Out $12,900; Sales Returns and Allowances $20,800; and Sales Discounts $14,000 Prepare the sales section of the income statement. VANHOE COMPANY Income Statement (Partial)

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