the owner of a bicycle repair shop forecasts revenues of 240 000 a year variable 385258

The owner of a bicycle repair shop forecasts revenues of $240,000 a year. Variable costs will be $70,000, and rental costs for the shop are $50,000 a year. Depreciation on the repair tools will be $30,000. Prepare an income statement for the shop based on these estimates. The tax rate is 30%. (Input all amounts as positive values.) INCOME STATEMENT (Click to select)Depreciation Rental costs Variable costs Pretax profitRevenue $ _____ (Click to select )Pretax profit, Depreciation, Variable costs, Revenue, Rental costs $_____ (Click to select)Rental costs, Depreciation, Pretax profit, Revenue, Variable costs $______ (Click to select)Pretax profit, Revenue, Rental costs, Variable costs, Depreciation $______ (Click to select)Depreciation,Variable costs, Rental costs, Pretax profit, Revenue $_____ (Click to select)Revenue, Depreciation, Pretax profit, Taxes, Rental costs $_______ (Click to select)Net loss, or Net income $ _________