13. Prepare a multiple-step income statement Save-the-Earth Co. reports the following income statement accounts for the year ended December 31. Prepare a multiple-step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expense. Categorize the following accounts as selling expenses: Sales Staff Salaries and Advertising Expense. Categorize the remaining expenses as general and administrative. Sales discounts $ 750 Office supplies expense $ 500 Office salaries expense 2,000 Cost of goods sold 9,000 Rent expense-Office space 1,500 Sales 20,000 Advertising expense 500 Insurance expense 1,000 Sales returns and allowances 250 Sales staff salaries 2,500 Worksheet is provided on the next page. Use worksheet to complete Question #13 Save-the-Earth Co. Income Statement For Year Ended December 31 Sales $ 20,000 Font Net Income $ 2.000