Question: From the bottom up. Presented below is information for Ivanhoe Co. for the month of January 2022. Cost of goods sold $210,700 Freight-out 9.200 lnsura

From the bottom up.

Presented below is information for Ivanhoe Co. for the month of January 2022. Cost of goods sold $210,700 Freight-out 9.200 lnsura nce expense 14.700 Salaries and wages expense 63,000 Income tax expense 5,400 (3) Rent expense $33,500 Sales discounts 3,000 Sales returns and allowances 10,400 Sales revenue 393,000 Other comprehensive income {net of $400 tax) 2,000 Prepare an income statement using the multiplestep format. 1P IVANHOE (20. Income Statement qr \f

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