. The financial record of Ayesha Inc. was destroyed by fire at the end of 2020. Fortunately, the controller had kept certain statistical data related to the income statement as below:

The beginning inventory was OMR 138,000.

Sales discount was OMR 25,500

45,000 ordinary shares were outstanding.

Interest expenses OMR 10,000

Income tax rate 30%

Cost of goods sold OMR 650,000 and gross sales OMR 1,500,000.

Administrative expenses are 20% of cost of goods sold.

Four fifth of the operating expenses related to sales activities.

From the foregoing information, prepare an income statement.