The adjusted trial balance of Sheridan Company shows the following data pertaining to sales at the end of its fiscal year October 31 , 2022: Sales Revenue $896,800, Freight-Out $14,700, Sales Returns and Allowances $24,100, and Sales Discounts $20,400. (a) Prepare the sales section of the income statement. Prepare the sales section of the income statement. Prepare separate closing entries for (1) sales revenue, and (2) the contra accounts to sales revenue. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts.)