Provided below are the account balances of GHI MERCHANDISING for October of the current year 3,000 126,000 5.000 50.000 500 Advertising expense Cost of goods sold Delivery expense Gain on sale of the delivery van Insurance expense (admin) Interest expense Interest revenue Inventory, October 31 Inventory, October 1 Loss due to theft Purchase discounts Purchases Salaries expense (admin office) Salaries expense (alespeople) Sales discount Sales returns Gross sales revenue Selling expenses Store supplies expense Used office supplies (admin office) Utilities expense (admin office) 200 26.000 54,000 50,000 20,000 20.000 150,000 40.000 35,000 2.100 4,200 210.000 5,400 2.700 3.100 3,500 Requirement Prepare the Statement of Income and its coresponding notes in a good format