Using the following information, create a profit and loss statement for January. Be sure to include subtotals for gross profit, operating profit, and net profit

January

Accounting, Payroll, and Legal $$2,500$

Advertising $$5,000$

Cost of Goods Sold $$45,000$

Depreciation $$2,083$

Income Taxes $$4,419$

Interest $$1,875$

Owners$$ Salary $$11,250$

Rent $$7,500$

Revenue $$125,000$

Sales Staff Salary $$25,000$

Utilities $$3,750$