700 Part 4: Financial statement - 10 marks From the following information of the accounting book of Sandra Chaplin, draw up an Income statement for the year 2018 (millions); a balance sheet is not required. General expenses 200 Rent and rates 400 Motor expenses Salaries 2,000 Insurance 300 Sales 26,000 Motor vehicle 2,800 Creditors 5,160 Debtors 3,180 Premises 30,000 Cash 2,100 Capital 2,800 Cost of Goods sold 13,000 Income tax 1,050 Interest expenses 800 Interest income 1,000