URCES Exercise 5:07 (Part Level Submission) Presented below is information for Carla Vista Co. for the month of January 2022. $220.100 Rant expense Cost of goods sold $33,000 Freight out 9,500 Sales discounts 9.100 Insurance expense 13,400 Sales returns and allowances 20,000 Study Salaries and wages expense 63,100 Sales revenue 399,500 Income tax expense 4,800 Other comprehensive income (net of $400 tax) 2,000 (a) Your answer is partially correct. Try again Prepare an income statement using the multiple-step format. CARLA VISTA CO. Income Statement For the munth Ende Sanuary 31, 2022 Income Before Income Toces 13 Sales Revenue 390,100 CALORATOR LES Sales Discounts 9,100 Sales Returns and Allowances 20,000 29,100 tudy Net Sales 370,400 Cost of Goods Sold Gross Profit 220,100 150,300 Operating Expenses Freight-Out 9,500 Salaries and Wages Expense 63,100 Rent Expense 33,000 Insurance Expense 13,400 Net Other Comprehensive Income/ (Loss) v Income Before Income Taxes 44,700 Salaries and wages Expense Rent Expense Insurance Expense Net Other Comprehensive Income/ (Loss) Income Before Income Taxes > S 33,000 13,400 44,700 Income Tax Expense Net Income/ (Loss) 4,800 26,500 100 Click if you would like to Show Work for this question: Open Show Work