The following data are some of the accounts of Cool Water Pty Ltd$,$ a retailer of bottled water:

Account

Amount

Revenue from sale of bottled water

$88000$

Interest Income

$5400$

Purchase of Inventory

$43000$

Wages and Salaries

$13500$

Insurance Expense

$4750$

Rent Expense

$7200$

Shareholders$$ Equity as at $1$ July $2021$

$21500$

Interest Expense

$7500$

Retained Earnings as at $1$ July $2021$

$13700$

Advertising Expense

$4100$

Utilities Expense

$3000$

Inventory as at $1$ July $2021$

$25000$

Inventory as at $30$ June $2022$

$36000$

In addition, the company owns a van to distribute its bottled water to some milk bars. The company purchased the van for $$42000$ on $1$ July $2021,$ with an estimated useful life of $6$ years and expected residual value of $$6000.$ Based on the information given above:

Calculate the company$$s cost of sales.

Determine depreciation expense for the van for the year $2022$ assuming the company is using straight$-$line method.

Prepare an income statement for Cool Water Pty Ltd for the year ended $30$ June $2022($ignore income tax expense$).$