Instructions: Prepare a multiple step income statement for Medlink Company for the year ended December 31, 2020, using the following accounts.
Interest Expense	$18,900.00
Loss on sale of building	$13,000.00
Beginning Inventory	$458,000.00
Depreciation Expense	$45,000.00
Ending Inventory	368,000.00
Freight out	29,500.00
Freight-In	19,000.00
Gain on sale of equipment	19,300.00
Income taxes	24%
Insurance Expense	85,600.00
Interest Revenue	28,000.00
Property Tax Expense	15,900.00
Purchase Discounts	15,000.00
Purchases	698,000.00
Purchases Return and Allowances	45,000.00
Rent Expense	24,000.00
Salaries and Wages Expense	150,000.00
Sales	17,500,000.00
Sales Commission Expense	12,500.00
Sales Discounts	54,000.00
Sales Return and Allowances	965,000.00
Utilities Expense	85,600.00

The Income Statement table has 3 column