You have been provided with the following selected accounts for Ayayai Ltd. for the year ended April 30, 2021:

Inventory, May 1, 2020		$596,000		Interest expense		$29,000
Purchases		5,882,000		Interest income		19,000
Accounts receivable		750,000		Accounts payable		572,000
Sales		9,304,000		Administrative expenses		833,000
Purchase discounts		39,000		Selling expenses		144,000
Freight in		111,000		Cash		168,000
Land		893,000		Common shares		210,000

Ayayai conducted a physical inventory count on April 30, 2021. Inventory on hand at that date was determined to be $677,848.

Prepare a partial multiple-step statement of income for the year ended April 30, 2021, through to gross profit. AYAYAI LTD. Statement of Income (Partial) Year Ended April 30, 2021 $ $ AYAYAI LTD. Statement of Income (Partial) Year Ended April 30, 2021 ta $ $ TA