Question: Take me to the text Let's Work It Out operates several retail stores that specialize in products for a healthy lifestyle. Some of its financial



Take me to the text Let's Work It Out operates several retail stores that specialize in products for a healthy lifestyle. Some of its financial information is shown below for its fiscal year ended January 31, 2018 Cost of Goods Sold $61,600 Depreciation Expense - Store Equipment $5,830 Gain on Sale of Equipment $4,760 Insurance Expense $10,200 Interest Expense $1,220 Office Salaries Expense $36,100 Office Supplies Expense $3,200 Sales Discounts $2,300 Sales Returns and Allowances $5,300 Sales Revenue $181,600 Sales Salaries Expense $32,600 Utilities Expense - Office $3,400 Utilities Expense - Retail $7.400 Required Prepare a multiple-step income statement Do not enter dollar signs or commas in the input boxes. Enter all accounts under the appropriate section in alphabetical order Do not use negative signs. Let's Work It Out Income Statement For the Year Ended January 31, 2018 Sales Revenue Less: . $ Subtotal Net Sales $ Gross Profit Operating Expenses Selling Expenses . * $ $ Total Selling Expenses Administrative Expenses $ $ $ . $ Total Administrative Expenses Total Operating Expenses Income from Operations $ Other Income and Expenses . Total Other Income and Expenses * $ $ Total Administrative Expenses $ Total Operating Expenses Income from Operations Other Income and Expenses . $ 4 Total Other Income and Expenses $ Net Income
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