Theresa Reynolds is the sole proprietor of Pretty Pups, an e-tail business specializing in the sale of high-end pet gifts and accessories Pretty Pupe sales totaled COL $997.000 during the most recent year. During the year, the company spent $58.000 on expenses relating to website maintenance: $26,000 on marketing and $31.000 on wrapping, boxing, and shipping the goods to customers. Pretty Pups also spent $656,000 on inventory purchases and an additional $21,000 on freight-in charges The company started the year with $25,000 of inventory on hand and ended the year with $24.000 of inventory Prepare Pretty Pups income statement for the most recent year Income Statement For Last Year st Cost of goods sold: thar 30 Operating expenses Total operating expenses 55 KA Operating income