Question: PLEASE ANSWER IN THE FORMAT PROVIDED Presented below is information for Monty Corp. for the month of January 2022. Cost of goods sold $220.156 $32,000

PLEASE ANSWER IN THE FORMAT PROVIDED

Presented below is information for Monty Corp. for the month of January 2022. Cost of goods sold $220.156 $32,000 Rent expense Sales discounts Freight-out 6.000 8,000 Insurance expense 11,000 Sales returns and allowances 19,000 Salaries and wages expense 57.000 Sales revenue 390,000 (a) Prepare a multiple-step income statement (If there is a net loss then enter the amount using either a negative sign preceding the number eg.-45 or parentheses eg. (45 Monty Corp. Income Statement S

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