COUZ education.com/flow.connect newconnect H6QUIZ Help Save & Exit Submit Big Tommy Corporation is a local grocery store organized seven years ago as a corporation. The bookkeeper prepared the following statement at year-end (assume that amounts are correct, but note the incomect format: BIG TOMY CORPORATION Debit Totals PA6-5 Part 1 Required: 1. Prepare a properly formatted multistep income statement that would be used for external reporting purportes BIG TOMMY CORPORATION Income Statement For the Year Ended December 31 Net Sales Coat of Goods Sold Gross Profit Expenses $ - 281200 215.000 66 200 Priser End PgUp Pgon