PLEASE HELP ME ANSWER THE HIGHLIGHTED BASED ON THE INCOME STATEMENT GRAPH.

Milestone Three - Income Statement Revenue: Collars 5 13,440 Leashes 11,960 Harnesses 13,200 Total Revenue: $ 38,600 Cost of goods sold 28,258 Gross prot $ 10,342 Expenses: General and administrative salaries 3 1,950 Office supplies 200 Other business equipment 150 Total Expenses $ 2,300.00 Net Incom e/ Loss 5 8,042.00 [Based on your income statement, logically interpret the business's performance against the provided benchmarks. Did the company do as well as expected? Explain what happened]