2. Multiple-step income statement. Listed below in scrambled order are 13 income statement categories. Place in the order in which these categories should appear on a multiple-step income statement. (2) Cost of goods sold. () Net income. () Sales. Discontinued operations. Other revenues and gains. Income taxes. Gross profit on sales. (3) Income from continuing operations before income taxes. (1) Operating expenses. Extraordinary item Income before extraordinary items. Income from continuing operations