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The following trial balance was extracted from the books of Lulu Enterprise as at 31st December 2022. (Figures are in 000) Sales 5000 Opening stock

The following trial balance was extracted from the books of Lulu Enterprise as at 31st December 2022. (Figures are in 000) Sales 5000 Opening stock 330 Closing stock 289 Sales return 521 Purchases 2346 Rent expense 108 Depreciation 26 Utilities 13 Fuel expenses 50 Sales discount 284 Transportation in 133 Transportation out 260 Requirement: Prepare an income statement for the year ended 31st December 2022

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