Exercise 5A-9 a b (Part Level Submission) Presented below is information for Pharoah Company for the month of March 2017 Purchases Freight-in Purchase returns and allowances Salaries and wages expense $203,350 8,000 6,000 56,000 Rent expense Sales discounts Sales returns and allowances Sales revenue $ 32,000 7,000 14,000 371,000 Beginning inventory was $47,000, and ending inventory was $63,000. Prepare a multiple-step income statement PHAROAH COMPANY Income Statement For the Month Ended March 31, 2017 Sales to search o HI g 99