00 Check my The following income statement was prepared by an office clerk hired for July. As the accounting supervisor, you recognize that it is incorrect and prepare a corrected multi-step income statement. 10 points eBook $563,340 37,850 18,340 $620,030 Print References Demo Sales Income Statement For Month Ended July 31, 2020 Sales Accounts receivable Unearned sales Net sales Operating expenses: Accumulated depreciation, equipment Advertising expense Cost of goods sold Depreciation expense, equipment Insurance expense Interest expense Interest payable Jen Conway, withdrawals Office Supplies Prepaid Insurance Prepaid rent Rent expense Salaries payable Sales discounts $ 30,850 14,340 397,400 3,340 2,670 2,040 14,170 10,700 17,400 25,850 6,020 175,200 703,455 $ 83,425 Loss Help Save Subm 8 Check my work DEMO SALES Income Statement For Month Ended July 31, 2020 10 points eBook Operating expenses Print References Total operating expenses Profit from operations Other revenues and expenses