Question: Exercise 5-6 Presented below is information for Carla Vista Co. for the month of January 2017. Cost of goods sold Freight-out Insurance expense Salaries and

Exercise 5-6 Presented below is information for Carla Vista Co. for the month of January 2017. Cost of goods sold Freight-out Insurance expense Salaries and wages expense 63,200 Sales revenue Income tax expense nts $34,100 9,700 18,900 396,000 4,400 Other comprehensive income (net of $400 tax) 2,000 $221,700 Rent expense 7,200 Sales discounts 13,100 Sales returns and allowances Prepare an income statement using the multi-step format. CARLA VISTA CO. Income Statement

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