From the scrambled list of items presented prepare an income statement for Dooley Sportswear company. Not all items from the table will be used

Inventory 206,250

Interest Expense 5,0000

Accumulated depreciation 442,500

Cash 180,000

Net Sales 1,500,000

Accounts Recevable 225,000

Operating Expense 525,000

COGS 937,500

Accounts Payable 168,750

Prepaid Insurance 80,000

Accrued Wages 65000

Federal Income Taxes 5750