Question 31 25 pts Using the Excel template for question number 31 that you downloaded prior to starting this exam, prepare a multiple-step income statement in good form for Foxworthy Company for the month ended July 31, 2020. Presented below is information for Foxworthy Company for the month of July 2020. (Not all items listed are needed to complete this problem.) Upload your completed template when you are finished with your answer. Cost of goods sold $8,127.540 Utilities expense $174,000 Gain on the sale of investments 78,000 Loss on write-down of inventory 66.000 Depreciation expense 129.000 Sales discounts 24.700 Supplies expense 43,000 Sales returns and allowances 127.500 Salary expense 923,000 Sales 10.239.000 Inventory 228,000 Uninsured fire loss 52.000 Gain on the sale of equipment 27.500 Accounts receivable 33.000 Upload Choose a File