Using the following accounts, do an Income Statement Accounts receivable $ 237,000 Inventory 243,000 Accounts payable 89,000 Notes payable 169,000 Cash 95,000 2,080,976 Sales (Sales = Income) Interest expense 19,296 Fixed assets 500,000 87,000 Accruals (accumulated) 188,000 Long Term Debt 255,000 Comon stock (common equity) 40% Taxes 212,000 Retained earnings 75,000 Accumulated depreciation