. Prepare multistep income statement from the below information

Adjusted Trial Balance	Debit	Credit
Sales		275,000
Sales discounts	2,000
Sales returns and allowances	1,000
Interest revenue		150
Cost of goods sold	159,000
Commissions expense	10,000
Advertising expense	7,000
Sales Salaries expense	20,000
Rent expense sales	12,000
Rent expense office	12,000
Office Salaries expense	40,000
Utilities expense	5,000
Interest expense	50