how to do an income statement and a COGS statement with the following information:

You have conducted some market research for style and size of products you want to use to launch your business. The market research has indicated the following sales price ranges will be optimal for your area depending on style of products you choose to sell: Collars o With pricing at $20 per collar, you can expect to sell 30 collars per day. o With pricing at $24 per collar, you can expect

Revenue:

Collars $-

Leashes -

Harnesses -

Total Revenue: $-

Cost of goods sold -

Gross profit $-

Expenses:

General and administrative salaries $-

Office supplies -

Other business equipment -

Total Expenses $-

Net Income/Loss $-