$[$The following information applies to the questions displayed below.$]$

The following post$-$closing trial balance was drawn from the accounts of Little Grocery Supplier $($LGS$)$ as of December $31.$

Year $1.$

Transactions for Year $2$

LGS acquired an additional $$9,500$ cash from the issue of common stock.

LGS purchased $$58,400$ of inventory on account.

LGS sold inventory that cost $$61,600$ for $$96,800.$ Sales were made on account.

The company wrote off $$1,350$ of uncollectible accounts.

On September $1,$ LGS loaned $$7,500$ to Eden Company The note had an $6$ percent interest rate and a one$-$year term.

LGS paid $$15,790$ cash for operating expenses.

The company collected $$72,840$ cash from accounts receivable.

A cash payment of $$47,990$ was paid on accounts payable.

The company paid a $$4,900$ cash dividend to the stockholders.

Accepted credit cards for sales amounting to $$3,100.$ The cost of goods sold was $$1,900.$ The credit card company

charges a $3$ percent service charge. The cash has not been received.

Uncollectible accounts are estimated to be $1\mathrm{.}5$ percent of sales on account.

Recorded the accrued interest at December $31,$ Year $2.$

c$.$ Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for Year $2$

Complete this question by entering your answers in the tabs below.

Req C$1$

Req C$4$

Prepare an income statement for Year $2.($Round your answers to the nearest whole dollar amounts.$)$

LITTLE GROCERY SUPPLIER

Income Statement

For the Year Ended December $31,$ Year $2$

There are $4$ total parts that I need help with $($The Income Statment$)($Statement of changes in stockholder equity$)($Balance Sheet$)($Statement of Cashflow$)$