please show how & explanations

eyers' Boutique reports the following year-end account balances at December 31, 2018. Accounts payable ......................... $20,000 | Inventory...........................$40,000 Accounts receivable ..................... 40,000 | Land ..................................... 100,000 Bonds payable, long-term ......... 250,000 l Retained earnings .............. 115,000 BUIIdIQg5160000 | Sales revenue ..................... 300,000 Cash ................................................ 50,000 Supplies inventory ................. 5,000 Cost of goods sold ....................... 150,000 Supplies expense ................. 15,000 Equipment ..................................... 80,000 Wages expense .................. 85,000 Create the Income Statement for 2018. (6 pts.) Show calculations and use the dollar sign where appropriate on an income statement