Exercise 5-8 In its income statement for the year ended December 31, 2017, Wildhorse Co. reported the following condensed data. Salaries and wages expenses Cost of goods sold Interest expense Interest revenue Depreciation expense Loss on disposal of plant assets 129,425 3,425,500 38,750 248,000 170,500 $720,750 1,529,850 Sales revenue 110,050 100,750 480,500 Income tax expense Sales discounts Utilities expense Prepare a multiple-step income statement. (List other revenues before other expenses.) WILDHORSE CO