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help with this retained earnings statement WOLFORD DEPARTMENT STORE Income Statement Assignment page he Year Ended November 30, 2017 Sales Sales Revenue 1139040 Less Sales

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help with this retained earnings statement

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WOLFORD DEPARTMENT STORE Income Statement Assignment page he Year Ended November 30, 2017 Sales Sales Revenue 1139040 Less Sales Returns and Allowances 25200 Net Sales 1113840 Cost of Goods Sold 774018 Gross Profit 339822 Operating Expenses Freight-Out 7812 $1 Depreciation Expense 17010 V Insurance Expense 11340 Advertising Expense 42210 Rent Expense 42840 Salaries and Wages Expense 147420 Utilities Expense 13356 Total Operating Expenses 281988 Income From Operations 57834 Other Revenues and Gains Gain on Disposal of Plant Assets 2520 Other Expenses and Losses Interest Expense 6300 Income Before Income Taxes 54054 Income Tax Expense 12600 Net Income / (Loss) 41454

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