$14$ TB Problem Qu$.4-218($Algo$)$ Preparing a multiple$-$step income statement

A company reports the following accounts for the year ended December $31.$

$10$

Prepare a multiple$-$step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. The company categorizes the following accounts as selling expenses: Sales Salarles Expense, Depreciation Expense$-$Store Equipment, and Advertising Expense. It categorizes the remaining expenses as general and administrative.

$\backslash$table$[[$Income Statement$],[$For Yoar Ended Docember $31,,],[,,],[,,]]$