Use the information below and prepare the Multi-Step Income Statement for Hot Place on August 31.

Sales	$1,200,000
Interest Revenue	20
Sales Discounts	25,000
Sales Returns and Allowances	40,000
Cost of Goods Sold	750,000
Delivery Expense	1,525
Sales Salaries Expense	105,000
Office Supplies Expense	4,700
Store Supplies Expense	725
Admin Salaries Expense	400
Depreciation Expense - Store Trucks	700
Depreciation Expense - Office Equipment	550
Rent Expense - Selling	300
Rent Expense - Office	1,800
Interest Expense	5
Office Insurance Expense	400