Current Attempt in Progress Your answer is partially correct. The selected accounts from the Marigold Corp.'s accounting records are presented below for the year ended December 31, 2022: Advertising expense Common stock Cost of goods sold Depreciation expense Dividends Freight-out Income tax expense Insurance expense Interest expense Sales Sales Revenue $ 51,700

Less V: 235,000 1,019,900 117,500 141,000 23,500 65,800 14,100 65,800 Interest revenue Sales Returns and Allowances Inventory Prepare a multiple-step income statement. Rent revenue Retained earnings Salaries and wages expense Sales discounts Sales returns and allowances Sales revenue $ 28,200 62,980 22,560 502,900 634,500 7,990 38,540 2,256,000 MARIGOLD CORP. Income Statement For the Year Ended December 31, 2022 38.540 $ 2,256,000

Prepare a multiple-step income statement