1 Wayman Corporation reports the following amounts in its December 31, 2021, income statement. Sales revenue Interest expense Salarios expense Utilities expense $390,000 20,000 40,000 50,000 Income tax expense Cost of goods sold Advertising expense $ 50,000 130,000 30,000 ts Required: Prepare a multiple-step income statement Answer is not complete. WAYMAN CORPORATION Multiple-step Income Statement For the year onded December 31, 2021 Sales revenue $ 390,000 Cost of goods sold 130,000 $ 260,000 Gross profit Salaries expense Utilities expense 40,000 50,000 Total operating expenses Operating Income Interest expense 90,000 1,400,000 200,000 w Prey 1 of 3 Next >