XYZ Co. showed the following information in alphabetical order. Administrative expenses Cost of goods manufactured Finished goods, May 31, 2022 Finished goods, May 31, 2023 Sales Selling expenses $152,000 410,000 44,000 29,000 784,000 89,000 Using the information provided, prepare an income statement for the year ended May 31, 2023. Round all amounts to the nearest dollar, if any amounts do not have a value, enter 0; Do not leave any answers blank. Sales Cost of goods sold Beginning finished goods inventory. Cost of goods manufactured Goods available for sale Ending finished goods inventory Gross profit Operating expenses Administrative expenses Selling expenses Operating income