4 of 6 -/4 E The selected accounts from the Whispering Winds Corp's accounting records are presented below for the year ended December 31, 2022: Advertising expense Common stock Cost of goods sold $61,600 Interest revenue $33,600 280,000 Inventory 75,040 1,215,200 Rent revenue 26,880 Depreciation expense 140,000 Retained earnings 599,200 Dividends 168,000 Salaries and wages expense 756,000 Freight-out 28,000 Sales discounts 9,520 Income tax expense 78,400 Sales returns and allowances 45,920 Insurance expense: 16,800 Sales revenue 2,688,000 Interest expense 78,400 Prepare a multiple-step income statement. O Search a e P Question 4 of 6 < > WHISPERING WINDS CORP. Income Statement -/4 $ $ E III Question 4 of 6 < > > -/4 E A Question 4 of 6 -/4 Question 4 of 6 < eTextbook and Media List of Accounts Save for Later > -/4 4 Attempts: 0 of 3 used Submit