P16-40B (book/static) Dillon Young owns Dilon's Pets, a small retail shop selling pot supplies On December 31, 2018, the accounting records for Dillon's Pets showed the following (Click the icon to view the accounting records) Read the requirements - X Data Table Requirement 1. Prepare an income statement for Dillon's Pets for the year ended December 31, 2018 Dillon's Pets Income Statement Year Ended December 31, 2018 Revenue Net Sales Revenue 56000 Cost of Goods Sold Beginning Merchandise Inventory Purchases of Merchandise Inventory S 10.500 16.000 Merchandise Inventory on December 31, 2018 Merchandise Inventory on January 1, 2018 Net Sales Revenue Utilities Expense for the shop Rent for the shop Sales Commissions Purchases of Merchandise Inventory 56.000 3,200 4.100 2,750 25.000 Ending Merchandise Inventory Cost of Goods Sold Os Piole Suling and Alive Expenses Print Done Total Selling and Administrative Expenses Operating Income Choose from any isto enter any number in the input Delds and then click Check Answer Dillon's Pets Income Statement Year Ended December 31, 2018 Revenue: Net Sales Revenue 56000 Cost of Goods Sold Beginning Merchandise Inventory Purchases of Merchandise Inventory Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Total Advertising Expense Opere Beginning Merchandise Inventory Cost of Goods Available for Sale Ending Merchandise Inventory Net Sales Revenue Purchases of Merchandise Inventory Rent Expense Choos Sales Commissions Expense Utilities Expense hput fields and then click Check Ang 1 part remaining HE Type here to search O ERA counting records for Dillon's Pets showed the following: i Data Table - X $ Merchandise Inventory on December 31, 2018 Merchandise Inventory on January 1, 2018 Net Sales Revenue 10,500 16.000 56,000 3.200 4.100 Utilities Expense for the shop Rent for the shop Sales Commissions Purchases of Merchandise Inventory 2,750 25,000 Print Done