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Bramble Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the company's fiscal year on November 30, 2022, its accounting records included the following accounts and adjusted balances. $ 22,512 14,448 Accounts Payable Accounts Receivable Accumulated Depreciation-Equipment Advertising Expense 57,120 28,140 Cash 6,720 Common Stock 29,400 Cost of Goods Sold 516,012 5,208 131,880 Freight-Out Equipment Depreciation Expense Dividends Gain on Disposal of Plant Assets 11.340 10,080 1.680 Income Tax Expense 8,400 Insurance Expense 7,560 La Dividends 10,080 1,680 8,400 7,560 Gain on Disposal of Plant Assets Income Tax Expense Insurance Expense Interest Expense Inventory Notes Payable Prepaid Insurance 4,200 22,008 36,540 5,040 Rent Expense 28,560 11.928 98,280 5,040 Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Sales Returns and Allowances Sales Revenue Utilities Expense 16,800 759,360 8,904 Additional data: Notes payable are due in 2026, Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts using either a negative sign preceding the number eg -45 or parentheses eg. (451) BRAMBLE DEPARTMENT STORE Income Statement November 30, 2022 Sales Sales Revenue Less Sales Returns and Allowances Net Sales Cost of Goods Sold Gross Proht Operating Expenses Salaries and Wages Expense Prepare a multiple-step income statement. (List other revenues before other expenses. Enter negative amounts using elther a negative sign preceding the numberes.-45 or parentheses es. (451) BRAMBLE DEPARTMENT STORE Income Statement November 30, 2022 enue $ Sales Returns and Allowances oods Sold ofit vs Expenses nd Wages Expense pense Operating Expenses Salaries and Wages Expense $ Utilities Expense Advertising Expense Depreciation Expense Freight-Out Insurance Expense Rent Expense Total Operating Expenses Income From Operations > Other Revenues and Gains interest Revenue nd Wages Expense $ Expense ng Expense tion Expense Jut Expense ense crating Expenses > rom Operations Income Tax Expense Net Income/(Loss) ense erating Expenses > From Operations tevenue penses and losses xpense ax Expense me/(Loss) $