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 25,000 24,000 640,000 43,900 948,000 13,700 2,150 4,250 Required Prepare an income statement with a supporting cost of goods sold statement. ANGIE'S APPAREL Income Statement For the Month Ended July 31 ANGIE'S APPAREL Cost of Goods Sold Statement For the Month Ended July 31 Total cost of goods purchased Cost of goods sold