Prepare a multiple-step income statement

Exercise 5-15 Preparing a multi-step Income statement LO P4 Fit-for-Life Foods reports the following income statement accounts for the year ended December 31. $ Gain on sale of equipment Office supplies expense Insurance expense Sales Office salaries expense Rent expense-Selling space Sales staff wages $ 6,238 Depreciation expense-Office copier 648 Sales discounts 1,380 Sales returns and allowances 218, eee TV advertising expense 31,300 Interest revenue 10,500 Cost of goods sold 23,780 Sales commission expense see 15,200 3,900 3.ece 678 89,9ee 13,400 Prepare a multiple-step Income statement FIT-FOR-LIFE FOODS Income Statement For Year Ended December 31 Expenses Selling expenses Total selling expenses General and administrative expenses Total general and administrative expenses Total expenses Other revenues gains, expenses & losses