FULL SCREEN PRINTER VERSION Application Problem 4-11A -b (Part Level Submission) Navaria Inc., manufactures and sells chairlift mobility aids. These are chairlift systems designed for inhome use to aid persons with mobility challenges. The company sells its systems online and through a network of independent sales agents. Installation of the systems is done by independent contractors hired directly by Navaria's customers. The following information was taken from Navaria's financial records for the year ended June 30, 2020: (in thousands of dollars) Administrative expenses Cost of goods sold Other expenses Financing expenses Interest revenue Income tax expense Sales revenue $9,639 78,460 644 827 633 4,939 119.986 Engineering activities Research and development activities Sales and marketing activities Wages $1,931 780 3,620 Rental of Equipment Advertising Depreciation $64 $0 $522 32 0 127 0 5,809 28 Prepare a multi-step statement of income for the year ended June 30, 2020 that reports expenses by nature. (Enter amounts in thousands.) ning o a ) ANDENG 21:1 09-06 (a) Prepare a multi-step statement of income for the year ended June 30, 2020 that reports expenses by nature. (Enter amounts in the Navaria Inc. Statement of Income (in thousands of dollars) $ nything O KENET inment > > > a nything o