Partridge Beverages uses a perpetual inventory system. The records of Partridge Beverages list the following selected accounts for the quarter ended April 30, 2025. All accounts have normal balances. View the accounts. Read the requirements. Requirement 1. Prepare a single-step income statement. Partridge Beverages Income Statement Quarter Ended April 30, 2025 www Accounts Interest Revenue Merchandise Inventory Notes Payable, long-term Sales Discounts Sales Returns and Allowances Sales Revenue Rent Expense (Selling) Supplies Unearned Revenue Interest Expense Depreciation Expense- Equipment (Administrative) Utilities Expense (Administrative) Print $ 1,100 45,700 45,000 1,500 6,200 312,700 24,400 5,500 13,700 2,600 1,350 4,700 Accounts Payable Accounts Receivable Accumulated Depreciation -Equipment Common Stock Retained Earnings Dividends Cash Cost of Goods Sold Equipment Interest Payable Rent Expense (Administrative) Utilities Expense (Seiling) Delivery Expense (Selling) Done POTICO TO $ 9.000 38,400 29,000 27,000 46.100 18.000 11,000 167,750 135.000 1,600 9.200 10.100 3.800 Next

Beas the reguingments. Accounts Requirement 1. Prepare a single-step incorne statement