Using the account balances below create the Income Statement for ABC Company ABC Company has the adjusted balances as of 12 31 13 as follows Account Adjusted Balance Retained earnings 80 000 Sales 1 000 000 Purchases 600 000 Purchase Returns Allowances 2 000 Cash 90 000 Inventory 1 1 13 149 000 Inventory 12 31 13 120 000 Selling Expenses 75 000 Notes Payable 80 000 Gen