3:56 Illustration (E4-5): Prepare a income statement from the data Assignment -4.png FORMAT OF THE INCOME STATEMENT below using the multiple-step form. Administrative expense: Officers' salaries Depreciation Cost of goods sold Rent revenue Selling expense: 4-8 Freight-out Sales commissions Depreciation Sales Income tax Interest expense $ 4,900 3,960 60,570 17,230 46 2,690 7,980 6,480 96,500 9,070 1,860 Income Statement For the year ended Dec. 31, 2017 LO 3 (

FORMAT OF THE INCOME STATEMENT Illustration (E4-5): Prepare a income statement from the data below using the multiple-step form