(Please make sure the answer is correct %100)

Presented below is information for Pryor Company for the month of March 2020.

Cost of goods sold 242,000 Rent expense 30,000

Freight-out 7,000 Sales discounts 8,000

Insurance expense 17,000 Sales returns and allowances 13,000

Salaries and wages expense 63,000 Sales revenue 410,000

Instructions

Prepare an income statement for the month ended March 2020.