ewconnect. education.com Problem Solving Assignment - Chapter 5 0 Exercise 5-15 Preparing a multi-step income statement LO P4 Fil-for-Life Foods reports the following income statement accounts for the year ended December 31 SEA Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales staff wages $ 6.190 pe r ce copier 700 Sales discounts 1,360 Sales returns and allowances 227,800 TV advertising expense 31,100 Interest revenue 12,088 Cost of goods sold 23, 809 Sales commission expense 16,900 4,100 3,500 650 88,780 13,600 Prepare a multiple-step income statement FIT FOR LIFE FOODS Income Statement For Year Ended December 31