Question: 7/10 View Policies Current Attempt in Progress The selected accounts from the Ayayai Corp's accounting records are presented below for the year ended December 31,2022



View Policies Current Attempt in Progress The selected accounts from the Ayayai Corp's accounting records are presented below for the year ended December 31,2022 : Prepare a multiple-step income statement. Sales Sales Revenue Less v: \begin{tabular}{l} Sales Returns and Allowances \\ Sales Discounts \\ Net Sales \\ Cost of Goods Sold \\ \hline \end{tabular} \( \$ \longdiv { 3 2 8 0 0 } \) Operating Expenses Advertising Expense Depreciation Expense 100000 44000 Salaries and Wages Expense Total Operating Expenses Income From Operations \begin{tabular}{|r|} \hline 100000 \\ \hline 20000 \\ \hline \end{tabular} 12000 Other Revenues and Gains \begin{tabular}{|l|} \hline Interest Revenue \\ Rent Revenue \\ \hline \end{tabular} Other Expenses and Losses Other Revenues and Gains Interest Revenue 24000 Rent Revenue \begin{tabular}{r|c|} \hline 19200 & \\ \hline \end{tabular} Other Expenses and Losses Interest Expense Income before income Taxes Income Tax Expense eTextbook and Media List of Accounts
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