Current Attempt in Progress You have been provided with the following selected accounts for Pina Colada Ltd. for the year ended April 30, 2024: Inventory, May 1, 2023 $622,000 Interest expense $27,000 Purchases 5,854,000 Interest income 18,000 Accounts receivable 786,000 Accounts payable 599,000 Sales 9,378,000 Administrative expenses 783,000 Purchase discounts 37,000 Selling expenses 146,000 Freight in 131,000 Cash 160,000 Land 934,000 Common shares 198,000 Pina Colada conducted a physical inventory count on April 30, 2024. Inventory on hand at that date was determined to be $943,200. Prepare a partial multiple-step statement of income for the year ended April 30, 2024, through to gross profit. PINA COLADA LTD. Statement of Income (Partial) : $