Question: Prepare a formal income statement from the following partial worksheet for Mai's Dental Supply Co. View the partial worksheet.LOADING... Question content area bottom Part 1

Prepare a formal income statement from the following partial worksheet for Mai's Dental Supply Co. View the partial worksheet.LOADING... Question content area bottom Part 1 Mai's Dental Supply Co. Income Statement For the Year Ended December 31, 202X Revenue: Less: Gross Profit Operating Expenses: Total Operating Expenses Other Income: Net Income (Loss) Help me solve thisCalculatorAsk my instructor pop-up content starts Partial Worksheet Mai's Dental Supply Co. Partial Worksheet For the Year Ended December 31, 202X Income Statement Account Titles Debit Credit Sales 3,000 Sales Returns and Allow. 119 Sales Discounts 64 Cost of Goods Sold 676 Salaries Expense 300 Insurance Expense 200 Advertising Expense 155 Rental Income 200 Rent Expense 215 Depreciation Exp., Store Equip. 400 Salaries Payable 2,129 3,200 Net Income 1,071 3,200 3,200

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