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Jared Tustin is the sole proprietor of Pretty PupsPretty Pups, a business specializing in the sale of high - end pet gifts and accessories. Pretty

Jared Tustin is the sole proprietor of Pretty PupsPretty Pups, a business specializing in the sale of high-end pet gifts and accessories. Pretty PupsPretty Pups' sales totaled $ 983 comma 000$983,000 during the most recent year. During the year, the company spent $ 54 comma 000$54,000 on expenses relating to website maintenance, $ 29 comma 500$29,500 on marketing, and $ 29 comma 100$29,100 on wrapping, boxing, and shipping the goods to customers. Pretty PupsPretty Pups also spent $ 635 comma 000$635,000 on inventory purchases and an additional $ 21 comma 200$21,200 on freight-in charges. The company started the year with $ 15 comma 500$15,500 of inventory on hand and ended the year with $ 17 comma 800$17,800 of inventory. Prepare Pretty PupsPretty Pups' income statement for the most recent year.

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