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[12 points] Prepare a multi-step income statement on excel for the ZEBRA CORPORATION for the year ending December 31, 2016, given the information below (clearly,
[12 points] Prepare a multi-step income statement on excel for the ZEBRA CORPORATION for the year ending December 31, 2016, given the information below (clearly, indicate the balance amount in each step or sub-categorv, such as "Gross Profit," etc.): [Hint: there may be more information than needed to construct the income statement. Critically think about each item that should or should not be included in the income statement.] Advertising expenditures Cost of goods sold Depreciation Gross sales Interest expenses Lease payment Management salary Material purchase R&D expenditures Repair and maintenance costs Returns and allowances Taxes Treasury stock 78,000 2,433,000 78,000 3,210,000 64,000 52,000 240,000 2,425,000 35,000 22,000 48,000 51,000 20,000
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