multiple step income statement

QUESTION 21 Presented below is information related to Bradberry Corp. for the year 2020, Administrative expenses (ADM EXP) $ 80,000 Cost of goods sold (CGS) 7 Depreciation expense omitted in 2018 (DEPR EXP) 105,000 Dividends declared and paid (DIV DECL) 120,000 Dividend revenue (DIV REV). 30,000 Loss from disposal of discontinued business segment (LOSS DISC SEG)... 300,000 Interest expense (INT EXP) 45,000 Inventory at 1/1/20 (INV). 280,000 Operating profit of discontinued business segment (OP PROF DISC SEG).. 240,000 Prepaid expenses (PPD EXP)... 25,000 Purchases (P)..... 1,460,000 Purchase discounts (PD).. 45,000 Retained earnings (RE) 520,000 Sales (5) 2,170,000 Sales returns and allowances (SRA) 30,000 Seling expenses (SELL EXP) 135,000 Write-off of goodwill due to impairment (GW IMPAIR). 75,000 A physical count revealed that Bradberry had $420,000 of inventory on hand at December 31, 2020. The federal tax rate is 20% Required. A. Determine Bradberry's cost of goods sold for the year ended December 31, 2020 B. In good form prepare a multiple-step income statement for 2020 making sure to include profitability measures that are commonly reported on the multiple-step income statement. Please omit earnings per share information, Feel free to use the capitalized abbreviations that are listed above to save some time while typing in your multiple-step income statement