Shown below is an income statement for 2015 that was prepared by a poorly trained bookkeeper of Howell Corporation. 222 Howell Corporation INCOME STATEMENT 31-Dec-15 Sales revenue sales discount sales returns and allowances net sales Interest revenue beginning inventory purchases ending inventory 2,500 6,200 227 Cost of goods sold 19,500 500,000 297 356,500 75% beginning inventory 145,000 215,000 13,000 127,300 Selling expenses Administrative expense Interest expense Net income Instructions Prepare an multiple steps income statement for 2015 for Howell Corporation in good form