Question: From the following information, prepare a multiple step income statement, starting with the proper title. Administrative expense Officers' salaries Depreciation of office furniture and equipment
- From the following information, prepare a multiple step income statement, starting with the proper title.

Administrative expense Officers' salaries Depreciation of office furniture and equipment Cost of goods sold Rental revenue Selling expense Transportation-out Sales commissions Depreciation of sales equipment Sales Income tax Interest expense 6,860 5,544 84,798 24,122 3,766 11,172 9,072 135,100 12,698 2,604
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