From the partial worksheet shown on the next page, prepare an income statement. You will need to use $4$ columns for this Income Statement. Add in some discounts:

Discount allowed: $$1025\mathrm{.}25$

Discounts earned: $$427\mathrm{.}57$

$\backslash$table$[[$Year Ended December $31,20-],[$Accounts$,$Income Statement,Balance Sheet$],[$Debit$,$Credit,Debit,Credit$],[$Bank$],[$Accounts Receivable$],[$Merchandise Inventory$],[$Supplies$],[$Prepaid Insurance$],[$Equipment$],[$Accum$.$ Depreciation $-$ Equipment$],[$Automobiles$],[$Accum$.$ Depreciation $-$ Automobiles$],[$Accounts Payable$],[$HST Payable$],[$HST Recoverable$],[$Bank Loan$],[$A$.$ Kiriella, Capital$],[$A$.$ Kiriella, Drawings$],[$Sales$,,,22935015,50,,],[$Sales Returns and Allowances,$4092,-,,,,],[$Purchases$,75316,20,,,,],[$Purchases Returns and Allowances$],[$Freight$-$in$,1592,-,,,,],[$Advertising Expense,$1585,-,,,,],[$Bank Gharges Expense,$2685,-,,,,],[$Car Expense,$8356,-,,,,],[$Delivery Expense,$5695,21,,,,],[$General Expense,$1632,25,,,,],[$Rent Expense,$12000,-,,,,],[$Telephone Expense,$1115,33,,,,],[$Unilities Expense,$3875,25,,,-,],[$Wages Expense,$47256,32,,,,],[$Supplies Expense,$2563,-,,,,],[$Insurance Expense,$2417,-,,,,],[$Depreciation Expense $-$ Automobiles,$7424,-,,,,],[$Depreciation Expense $-$ Equipment,$6086,-,,,,],[$Net Income,$\backslash$table$[[229647],[5082]],\backslash$table$[[56],[84]],,40,,],[,280472,40,28047240,40,,]]$