Jared Tustin is the sole proprietor of Pretty Pets, a business specializing in the sale of high-end pet gifts and accessories. PrettyPets sales totalated $1,125,000 during the most recent year. During the year, the company spent $58,000 on expenses relating to website maintenance, 32,500 on marketing, and $28,500 on wrapping, boxing, and shipping the goods to customers. Pretty Pets also spent $636,000 on inventory purchases and an additional $22,000 on freight in charges. The company started the year with $18,000 of inventory on hand and ended with $16,000 of inventory. Prepare Pretty's pets income statement for the recent years. Please provide the answer in Exel sheet.