3) Use the following information to prepare an Income Statement (multi-step) for Salomon at Dec 31, 2020. (20 marks)

3) Use the following information to prepare an Income Statement for at Dec 31, 2020. (20 marks) Aactn.nts receivable Accounts Payable capital Sales Revenue Sates Returns & Mowances Sales Discounts Cost of Gcxds Sold Beg. Inventory Interest Revenue Expenses General Expenses Interest Expense End Inventory S 80,000 3Com 15,000 5.000 80.000 2.0m 2.000 I.O(X)