The cost accountant for Angie's Apparel has compiled the following information for last month's operations. $ Administrative costs Merchandise inventory, July 1 Merchandise inventory, July 31 Merchandise purchases Sales commissions Sales revenue Store rent Store utilities Transportation in costs 73,600 27,000 27,000 657,000 43,900 948,000 13,600 2,650 4,250 Required: 1. Prepare a cost of goods sold statement. 2. Prepare an income statement. COGS Stmt Income Stmt Prepare a cost of goods sold statement. ANGIE'S APPAREL Cost of Goods Sold Statement For the Month Ended July 31 Total cost of goods purchased Cost of goods sold COGS Stmt Income Stmt Prepare an income statement. ANGIE'S APPAREL Income Statement For the Month Ended July 31