/10 E The information below relates to the operations of Carla Vista Corporation, a private company following ASPE, for the year ended December 31, 2020: Cost of goods sold $332,000 Interest expense 2.390 Sales returns and allowances 9,090 Accounts payable 120,298 Sales discounts 3.792 Depreciation expense. 284.720 Sales revenue 982.196 Salaries and wages expense 163.672 Prepaid expenses 3,350 Rent expense 36.100 Loss from fire 8,438 Rental revenue 22,506 Type here to search Additional information: . The effective tax rate is 30%. Depreciation expense: 80% administrative expense and 20% selling expense Salaries and wages expense: 35% administration expense and 65% selling expense Rent expense: 70% administration expense and 30% selling expense 00 4 G 2 M -/10 Additional information . The effective tax rate is 30%, Depreciation expense: 80% administrative expense and 20% selling expense . Salaries and wages expense: 35% administration expense and 65% selling expere Rent expense: 70% administration expense and 30% selling expense Prepare a multiple-step income statement in good form by function. (Enter selling expenses before administrative expenses Round answers to O decimal places, eg. 5,275) Carla Vista Corporation Income Statement $ Question 27 of 27 Carla Vista Corporation Income Statement 10 Question 27 of 27 -/10