Question: Presented below is information for Blue Spruce Corp. for the month of January 2022. Cost of goods sold $231,044 Rent expense $30,000 Freight-out 7,000 Sales

 Presented below is information for Blue Spruce Corp. for the monthof January 2022. Cost of goods sold $231,044 Rent expense $30,000 Freight-out7,000 Sales discounts 8,000 Insurance expense 12,000 Sales returns and allowances 20,000

Presented below is information for Blue Spruce Corp. for the month of January 2022. Cost of goods sold $231,044 Rent expense $30,000 Freight-out 7,000 Sales discounts 8,000 Insurance expense 12,000 Sales returns and allowances 20,000 Salaries and wages expense 58,000 Sales revenue 384,000 Prepare a multiple-step income statement. (If there is a net loss then enter the amount using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Blue Spruce Corp. Income Statement $ A >

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