Use the data below to prepare the multi-step income statement of Stack Exchange Software for the year ended October 31, 2020 (Click the icon to view the closing entries.) - X Closing entries Complete the multi-step income statement section-by-section as presented to you. (Use parentheses or a minus sign for a net loss.) Journal Entry Date Accounts Debit Credit October 435,000 31 Sales Revenue Income Summary 435,000 October 348,200 31 Income Summary Sales Discounts Net sales revenue 5,700 Cost of Goods Sold 262,000 Gross margin Selling Expense General Expense Interest Expense 46,000 32,000 Operating expenses 2,500 October 86,800 Operating Income 86,800 31 Income Summary B. Parra, Capital 31 B. Parra, Capital B. Parra, Withdrawals Other expense October 40,000 40,000 Net income (loss) Print Done Choose from any list or enter any number in the input fields and then continue to the next