Current Attempt in Progress Presented below is information for Lieu Co. for the month of January 2022. Cost of goods sold Freight-out Insurance expense Salaries and wages expense Income tax expense (a) $212,040 7,000 12,000 60,000 5,280 Your answer is partially correct. Rent expense Sales discounts Sales returns and allowances Sales revenue Other comprehensive income (net of $400 tax) Prepare an income statement using the multiple-step format. LIEU CO. Income Statement $32,000 8,000 20,000 370,000 2,000

Current Attempt in Progress Presented below is information for Lieu Co. for the month of January 2022 (a) Your answer is partially correct. Prepare an income statement using the multiple-step format. Prepare an income statement using the multiple-step format