Bid $4$ It reported the following figures from its adjusted trial balance for its first year of business, which ended on July $31,2023$ :

$($Click the icon to view the accounts and balances.$)$

Prepare Bid $4$ It's multi$-$step income statement for the year ended July $31,2023.($Use a minus sign or parentheses to show other expenses.$)$

Bid $4$ it

Income Statement

For the Year Ended July $31,2023$

Net income $($loss$)$