Please Create an Income Statement for these numbers to show if the company was profitable in the month of September. The information for the month is listed below.

1. The company had total sales of $68,850 2. The calculated cost of direct materials (food, beverage, merchandise) was $20,500 3. Direct labor was $20,625 in Sept 4. The manager's annual salary was $44,000, which included all taxes and benefits. 5. The company spent $5,000 on marketing 6. Other monthly expenses included $6,000 rent, $1,000 in utilities, and $300 in insurance. 7. Credit card fees were $1702 8. The Crawford's spent $300,000 total on the project. $270,000 was paid before the business opened. In Sept they paid $25,000. They expected the investment in building improvements, fixtures and equipment to last 15 years 9. The Crawfords borrowed some of the money to start their business. The loan payment was $2500. In September the interest was $1450 and principle was $1050