Question: Current Attempt in Progress In its income statement for the year ended December 31, 2022, Pharoah Company reported the following condensed data Salaries and

Current Attempt in Progress In its income statement for the year endedDecember 31, 2022, Pharoah Company reported the following condensed data Salaries andwages expenses $595,200 Loss on disposal of plant assets $106,880 Cost of

Current Attempt in Progress In its income statement for the year ended December 31, 2022, Pharoah Company reported the following condensed data Salaries and wages expenses $595,200 Loss on disposal of plant assets $106,880 Cost of goods sold 1.263,360 Sales revenue 2.828,800 Interest expense 85.200 Income tax expense 32.000 Interest revenue 83.200 Sales discounts 204,800 Depreciation expense 396,800 Utilities expense 140,800 (a) Your answer is partially correct Prepare a multiple step income statement. (List other revenues before other expenses) Pharoah Company Income Statement For the Year Ended December 31, 2022 759 PM 2/13/2023 Sales Sales Revenue Less Sales Discounts Net Sales Cost of Goods Sold For the Year Ended December 31, 2022 2828800 204800 Gross Profit Operating Expenses Salaries and Wages Expense 595200 Depreciation Expense 396800 Utilities Expense Total Operating Expen Income From Operations Other Revenues and Gains 2.37/5 2624 1263360 1360 140000 1132800 227 11 Question 5 of 5 < Income From Operations Other Revenues and Gains Interest Revenue Other Expenses and Losses Interest Expense 85200 Loss on Disposal of Plant Assets 106880 Income Before Income Taxes Income Tax Expense Net income/(Loss) eTextbook and Media List of Accounts 2.37/5 1920 R 320 084+ Attempts: unlimited Submit Answer 12

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