Jewel clothing inc is a clothing store that operates four small boutique clothing stores $($family clothing stores$)$ in Cleveland, Cincinnati, Columbus, and Toledo, Ohio. The company incorporated on February $2,2000,$ and they began business on April $17,2000,$ and they began business on April $17,2000.$ For this project, you will be completing an income statement and tax return for the company for the tax year $2022.$ Jewel Clothing Inc. $($JCI$)$ has turned in all its financial records for the current tax year. One of the first steps in preparing the tax return is to prepare an income statement. Required: Using the information provided in the case, prepare an income statement for JCI for the current tax year to calculate accounting net income $($also known as book income$).$ Note: this step must be completed in excel.Selected portions of JCr$\text{'}$s profit and loss statement reflect the following:

$\backslash$table$[[,],[$Gross Sales,$10,736,500$