The following selected accounts from the Blue Door Corporation’s general ledger are presented below for the year ended December 31, 2017:

Advertising expense $ 55,000 Interest revenue $ 30,000 Common stock 250,000 Inventory 67,000 Cost of goods sold 1,085,000 Rent revenue 24,000 Depreciation expense 125,000 Retained earnings 535,000 Dividends 150,000 Salaries and wages expense 675,000 Freight-out 25,000 Sales discounts 8,500 Income tax expense 70,000 Sales returns and Insurance expense 15,000 allowances 41,000 Interest expense 70,000 Sales revenue 2,400,000 Instructions Prepare a multiple-step income statement.