Use the following revenue and cost information for the income statement. Note that the revenue...

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Accounting

Use the following revenue and cost information for the income statement. Note that the revenue you use will depend on the pricing level options you chose in Milestone Two. Also, assume that after accounting for weekends and other holidays, there were 20 business days in the first month of operation. For example, if you chose a sales price of $20 per collar, the actual number of collars sold in the month was 33 per day or 33 x 20=660 per month.
Established Sales Price Number of Items Sold per Day
Collars
$2033
$2428
$2823
Leashes
$2228
$2623
$3018
Harnesses
$2525
$3022
$3520
The other costs incurred by the business include:
General and administrative salaries
o Receptionist: $1,950
Office supplies: $200
Other business equipment: $150
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