Prepare an income statement in the format above from the trial balance

The trial balance of Novak Fashion Center contained the following accounts at November 30, the end of the company's fiscal year. Novak Fashion Center Trial Balance November 30, 2025 NOVAK FASHION CENTER Income Statement For the Year Ended November 30, 2025 Revenues Sales Revenue Less : Sales Returns and Allowances Net Sales Cost of Goods Sold Gross Profit Total Selling Expenses jelling expenses Accounts Payable Salaries and Wages Expense Rent Expense Adjustment data: 1. Supplies on hand totaled $5,220. 2. Depreciation is $17,040 on the equipment. 3. Interest of $12,030 is accrued on notes payable at November 30 . Other data: 1. Salaries expense is 70% selling and 30% administrative. 2. Rent expense and utilities expenses are 80% selling and 20% administrative 3. $30,000 of notes payable are due for payment next year. 4. Maintenance and repairs expense is 100% administrative. 5. Depreciation expense is 100% selling. Advertising Expense Delivery Expense Total Selling Expenses Administrative expenses Salaries and Wages Expense Rent Expense Utilities Expenses Maintenance and Repairs Expense Total Administrative Expenses Operating Expenses \$