$On$ December $1,2025,$ Sandhill Campany had the account balances shown below.

Inventory $=3,100$$$0\mathrm{.}60$:

The following transactions occurred during December.

Dec $3$ Purchased $4,100$ units $of$ inventory $on$ account $at$ a cost $of$ $$0\mathrm{.}67$ per unit.

$5$ Sold $4,500$ units $of$ inventory $on$ account for $$0\mathrm{.}90$$$0\mathrm{.}60$ units and $1,400of$ the $$0\mathrm{.}67$

units.$$270$ credit for $300$ units $of$ inventory returned costing $$201.$ These units ware

returned $to$ imventory.

$17$ Purchased $2,500$ units $of$ inventory for cash $at$ $$0\mathrm{.}70$ each.

$22$ Sald $2,400$ units $of$ inventory $on$ account for $$0\mathrm{.}86$$$0\mathrm{.}67$ units$$390.$

Dapraciation $on$ aquipment $$190$ par month.

Income tax expense was $$230,tobe$ paid nexct year.

Please make $an$ income statement