12. Comprise a multi-step income statement. Assume Gross Sales - $860,000; Sales Returns and Allowances = $70,000; Sales Discounts = $40,000; Cost of Goods Sold $389,000; Interest Expense = $15,000; Other Sales and General Administrative Expenses 12. Comprise a multi-step income statement. Assume Gross Sales = $860,000; Sales Returns and Allowances = $70,000; Sales Discounts = $40,000; Cost of Goods Sold= $389,000: Interest Expense = $15,000; Other Sales and General Administrative Expenses = $150,000; and the Tax Rate is 21%. Be sure to include and state the "GP, EBIT, EBT and NI