Prepare Income Statement

WalkStix Inc. Unadjusted Trial Balance 12/31/2021 Credit Debit $ 11,655,000 $ 1,040,000 $ 12,500 $ 30,000 $ 822,000 $ 5,150,000 $ 2,925,000 $ 900,000 $ 375,000 $ 232,500 Cash Accounts Receivable Allowance for Doubtful Accounts Prepaid Insurance Inventory Equipment Accumulated Depreciation - Equipment Building Accumulated Depreciation - Building Land Accounts Payable Salaries Payable Mortgage Payable Long-Term Debt Common Stock - Par Preferred Stock APIC Retained Earnings Sales Revenue COGS Salary Expense Other Income $ $0.01 $ $ $ $ $ $ $ $ 25,000 400,000 3,200,000 3,000 5,000,000 2,797,000 1,500,000 7,720,000 $ 2,728,000 $ 1,440,000 $ 40,000 23,997,500 $ 23,997,500 $