Please, prepare multi step income statement from the following information and below write that is Gross profit of the company.

Sales rev. 440 000

Salaries exp. 45 000

Sales returns and allowances 12 500

Sales discounts 1200

Rent exp. 19 000

Cost of goods sold 170 000

Utilities exp. 17 000

Advertising exp. 16 000

Interest revenue 1000

Depreciation exp. 8000

Rent revenue 2400

Freight out 7000

Insurance exp. 2000

Interest exp. 1800