Introduction to Man P18-30A Preparing an income statement and calculating unit cost for a merchandising company Learning In 2014, Charlie Snyder opened Charlie's Pets, a small retail shop selling pet supplies. 1. Net incoms On December 31, 2014, the accounting records of Charlie's Pets showed the following Inventory on December 31, 2014 Inventory on January 1, 2014 Sales Revenue Utilities Expense for the shop Rent for the shop Sales Commissions Purchases of Merchandise Inventory 10,200 15,100 57,000 3,900 4,100 2,150 27,000 Requirements I. Prepare an income statement for Charlies Pets for the year ended December 31, 2014. 2. Charlie's Pets sold 4.250 units. Determine the unit cost of the merchandise sold. Learning ob