Question: Use the data below to prepare the multi-step income statement of Sentient Software for the year ended January 31, 2023. (Click the icon to

Use the data below to prepare the multi-step income statement of SentientSoftware for the year ended January 31, 2023. (Click the icon to

Use the data below to prepare the multi-step income statement of Sentient Software for the year ended January 31, 2023. (Click the icon to view the closing entries.) Complete the multi-step income statement section-by-section as presented to you. (Use parentheses or a minus sign for a net loss. Sentient Software Income Statement For the Year Ended January 31, 2023 Net sales revenue Gross margin Closing entries Journal Entry Date Accounts Debit Credit January 31 Sales Revenue 431,400 Income Summary 431,400 January 31 Income Summary 363,600 Sales Discounts 6,100 Cost of Goods Sold 252,000 Selling Expense 58,000 General Expense 46,000 Interest Expense 1,500 January 31 Income Summary 67,800 B. Meadows, Capital 67,800 January 31 B. Meadows, Capital 34,000 B. Meadows, Withdrawals 34,000 - X

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