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Gildan Store prepared the following list of accounts at its year-end of May 31, 2021....

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Gildan Store prepared the following list of accounts at its year-end of May 31, 2021. All accounts have a normal balance. The company owned and managed by Mike Gildan. Account Titles Balance Accounts Payable $6,500 Accounts Receivable $6,100 Accumulated Depreciation $2,900 Bank Loan $18,000 Cash $14,600 Cost of Goods Sold $18,300 Depreciation Expense $2,900 Equipment $40,000 Gildan, Capital $28,630 Gildan, Withdrawals $1,100 Merchandise Inventory $6,100 Prepaid Insurance $17,900 Rent Expense $4,400 Sales Discounts $1,600 Sales Returns & Allowances $1,600 Sales Revenue $64,770 Unearned Revenue $5,6001 Utilities Expense $1,300 Wages Expense $10,500 Notes: Assume the balance of owner's equity is the opening balance. The bank loan is payable over 10 years and $1,800 will be paid by May 31, 2022 Required Notes: Assume the balance of owner's equity is the opening balance. The bank loan is payable over 10 years and $1,800 will be paid by May 31, 2022 Required Calculate the following values. Do not enter dollar signs or commas in the input boxes. Net Income (Loss) Current Assets Current Liabilities Gildan, Capital as at May 31, 2021 $ Net Sales Revenue Gross Profit Total Operating Expenses

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