4 2 points eBook Hint Print References Exercise 4-18 (Algo) Preparing a multiple-step income statement LO P4 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales salaries expense Prepare a multiple-step income statement. $ 6,350 Depreciation expense-Office copier 770 Sales discounts 1,240 Sales returns and allowances 215,000 TV advertising expense 31,500 Interest revenue 11,000 Cost of goods sold 23,000 Sales commission expense $ 600 15,700 4,000 2,100 600 88,100 13,000 Expenses Selling expenses FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 +