Problem 5-06A (Video) At the end of Ayayai Department Store's fiscal year on November 30, 2020, these accounts appeared in its adjusted trial balance. Freight-Irn Inventory Purchases Purchase Discounts Purchase Returns and Allowances Sales Revenue Sales Returns and Allowances $7,300 39,600 579,000 6,000 2,500 1,025,500 19,200 Additional facts: 1. Merchandise inventory on November 30, 2020, is $54,400 2. Ayayai Department Store uses a periodic system. Prepare an income statement through gross profit for the year ended November 30, 2020. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).)