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Prepare a comprehensive income statement Blossom Company Comprehensive Income Statement For the Month Ended January 31, 2022 $ 24177 $ $ Income Statement For the

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Prepare a comprehensive income statement Blossom Company Comprehensive Income Statement For the Month Ended January 31, 2022 $ 24177 $ $ Income Statement For the Month Ended January 31, 2022 Sales Sales Revenue 376000 Less : Sales Discounts -7000 Sales Returns and Allowances -20000 i -27000 i Net Sales 349000 Cost of Goods Sold -218823 i Gross Pront/(Loss) 130177 Operating Expenses Freight Out -6000 Insurance Expense - 11000 i Insurance Expense - 11000 i Salaries and Wages Expense -59000 i -30000 i Rent Expense Total Operating Expenses 106000 Net Income /(Loss) 24177 Presented below is information for Blossom Company for the month of January 2022 Cost of goods sold $218,823 Rent expense $30,000 Freight-out 6,000 Sales discounts 7,000 Insurance expense 11,000 Sales returns and allowances 20,000 Salaries and wages expense 59,000 Sales revenue 376,000 Other comprehensive income 2,000

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