Question: Required information IThe following information applies to the questions displayed below ] Sellall Department Stores reported the following amounts as of its December 3 1

Required information
IThe following information applies to the questions displayed below]
Sellall Department Stores reported the following amounts as of its December 31 year-end: Administrative Expenses,
$2,200; Cost of Goods Sold, $21,600; Income Tax Expense, $2,980; Interest Expense, $1,500; Interest Revenue, $180;
General Expenses, $2,400; Net Sales, $36,200; and Delivery (freight-out) Expense, $280.
Required:
Prepare a multistep income statement for distribution to external financial statement users.
Required information
 Required information IThe following information applies to the questions displayed below]

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