Question 1 of 5 - / 20 Current Attempt in Progress Two accountants for the firm of Elwes and Wright are arguing about the merits of presenting an income statement in a multiple-ste versus a single-step format. The discussion involves the following 2020 information related to Bramble Company ($000 omitted). $5,006 Administrative expense Officers' salaries Depreciation of office furniture and equipment Cost of goods sold 4,066 60,676 17.336 Rent revenue Selling expense 2,796 8,086 6,586 Delivery expense Sales commissions Depreciation of sales equipment Sales revenue Income tax Interest expense 96,606 9,176 1,966 Common shares outstanding for 2020 total 38,960 (000 omitted). (a) Prepare an income statement for the year 2020 using the multiple-step form. (Round earnings per Share to 2 decimal places, e-. 1.48.) BRAMBLE COMPANY Income Statement (In thousands, except earnings pr share) $ . MacBook Pro . $ $ Question 1 of 5 - /20 Save for later Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above