Jaguar To & Marble Corporation reported the following comparative income statements for the years ended November 30, 2016 and 2017 Click the icon to view the comparative Income statement) Jaguar's president and shareholders are writed by the company's boost in sales and net income during 2018. Then the accountants for the company discover that ending 2017 inventory was understand by $7,000 Read the requirement Data Table Prepare the comced comparative income statement for the 2 year period, Jaguar Tile & Marble Corporation Income Statements (Corrected) Year Ended November 30, 2018 and 2017 2018 2017 Sales revenue Costogos Beginning in Net purchases Cost of goods available Ending inventory Cost of goods sold Gross profit Operating expenses Net income IIII Jaguar Tile & Marble Corporation Income Statements For the Year Ended November 30, 2018 and 2017 2018 2017 Sales revenue $ 145,000 14.000 Cost of goods sold Beginning invertory $15.500 $ 11,000 Net purchases 79.000 78,000 Cost of goods able 94.500 12.000 Ensing entory (16.500) (16.500) Cost of goods sold 78.000 05.500 Grossro 87.000 57 500 23,000 12.000 Operating penes Net Income $ 44000 5 000 Print Done