Accounting: Create a multistep income statement

In its income statement for the year ended December 31, 2017, Carla Vista Co. reported the following condensed data. Salaries and wages expenses Cost of goods sold Interest expense Interest revenue Depreciation expense $167,000 4,420,000 50,000 320,000 220,000 $930,000 Loss on disposal of plant assets 1,974,000 Sales revenue 142,000 130,000 620,000 Income tax expense Sales discounts Utilities expense Prepare a multiple-step income statement. (List other revenues before other expenses.) CARLA VISTA CO Income Statement Calculate the profit margin and gross profit rate. (Round answer to 1 decimal place, eg. 15.2%.) Profit margin Gross profit rate