The following list of accounts for Company Jan Ltd. is available at the end of 200X. ACCOUNT AMOUNT Advertisement expenses 15,500 Change in inventory of goods for sale (increase) 1,200 Discount for volume of sale 150,000 Grants, donations and legacies transferred to income for the year 12,000 Income tax 3,500 Insurance expense 14,500 Intangible assets depreciation expense 10,800 Interest from long term loans to other companies 25,000 Interest of debt from financial institutions 120,000 Losses for uncollective accounts 1,200 Losses from disposal of tangible fixed assets 2,640 Losses from impairment of inventory of goods for sale 800 Losses from impairment of trade accounts receivable 3,600 Purchase of goods for sale 1,854,000 Purchase returns of goods for sale 30,000 Rent revenue 4,800 Repairs and conservation 9,600 Revenue form holdings in equity instruments, other companies 1,200 Reversion of impairment of trade accounts receivable 2,000 Sale of goods for sale 3,109,440 Social security in charge of the company 168,000 Tangible assets depreciation expense 30,000 Wages and salaries 840,000 Work performed for own assets 45,000 REQUIRED: 1) Calculate the net turnover. 2) Calculate the consumption of goods for sale 3) Prepare the Income Statement for year 200X according to the model established in the new P.G.C