Exercise 5-09 a-b

In its income statement for the year ended December 31, 2022, Larkspur, Inc. reported the following condensed data.

Salaries and wages expenses		$437,100		Loss on disposal of plant assets		$78,490
Cost of goods sold		927,780		Sales revenue		2,077,400
Interest expense		66,740		Income tax expense		23,500
Interest revenue		61,100		Sales discounts		150,400
Depreciation expense		291,400		Utilities expense		103,400

Prepare a multiple-step Income statement. (List other revenues before other expenses.) Larkspur, Inc. Income Statement