prepare a multistep income statement

JUN Exercise 6-2 (Algo) Prepare a multiple-step income statement (LO6-2) Wayman Corporation reports the following amounts in its December 31, 2024, income statement. $52,000 Sales revenue Interest expense Salaries expense $404,000 Income tax expense Cost of goods sold Advertising expense 22,000 42,000 132,000 32,000 Utilities expense 52,000 Required: Prepare a multiple-step income statement. WAYMAN CORPORATION Multiple-Step Income Statement For the Year Ended December 31, 2024 Sales revenue $ 404,000 Cost of goods sold 132,000 Gross profit Salaries expense Utilities expense Advertising expense Total operating expenses Operating income Interest expense