Edson Ltd. reports under ASPE and has the following account balances: Sales $935,000, Cost of Goods Sold $380,000, Salaries Expense $220,000, Sales Discounts $7,000, Depreciation Expense $20,000, Sales Returns $8,000, Interest Expense $10,000, and Income Tax Expense $87,000. Prepare a multiple-step statement of income for this company with a December 31, 2021, year end.