| | Exercise 5-09 a-b (Part Level Submission) In its income statement for the year ended December 31, 2022, Blue Spruce Corp. reported the following condensed data. | Salaries and wages expenses | | $558,000 | | Loss on disposal of plant assets | | $100,200 | | Cost of goods sold | | 1,184,400 | | Sales revenue | | 2,652,000 | | Interest expense | | 85,200 | | Income tax expense | | 30,000 | | Interest revenue | | 78,000 | | Sales discounts | | 192,000 | | Depreciation expense | | 372,000 | | Utilities expense | | 132,000 | | | | | | | (a) Prepare a multiple-step income statement. (List other revenues before other expenses.) | Blue Spruce Corp. Income Statement choose the accounting period For the Month Ended December 31, 2022For the Year Ended December 31, 2022December 31, 2022 | | Select an opening section name DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | | | | Enter an income statement item | | $Enter a dollar amount | | | Select between addition and deduction Less Add : Select an income statement item | | Enter a dollar amount | | | Select a closing section name DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | | $Enter a subtotal amount for this section | | Enter an account title | | | Enter a dollar amount | | Select an account subtotal title DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | | Enter a subtotal amount for this section | | Select an opening section name DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | Enter an account title | | Enter a dollar amount | | | Enter an account title | | Enter a dollar amount | | | Enter an account title | | Enter a dollar amount | | | Select a closing section name DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | | Enter a total amount for this section | | Select an account subtotal title DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | | Enter a subtotal of the two previous sections | | Select an opening section name DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | Enter an account title | | | Enter a dollar amount | | Select an opening section name DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | Enter an account title | | Enter a dollar amount | | | Enter an account title | | Enter a dollar amount | | | | | | Enter a total amount for this section | | Select an account title DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | | Enter a dollar amount | | Enter an account title | | | Enter a dollar amount | | Select a closing section name DividendsNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31Sales RevenuesTotal RevenuesSalesGross ProfitOperating ExpensesTotal Operating ExpensesIncome Before Income TaxesOther Revenues and GainsOther Expenses and LossesIncome From OperationsNet Sales | | | $Enter a total net income or loss amount | | | | |
