0.50 points E6-21 Part 1 Required: 1. Prepare a multistep income statement for internal reporting purposes. MYSTERY INCORPORATED Income Statement For the Year Ended December 31 Revenues ales Revenue Less: Sales Returns and Allowances Net Sales Cost of Goods Sold S 270,000 (6,750) 263,250 (160,000) 103,250 Operating Expenses 103,250 Net Income $ 103,250