5 of 5 - 17 WN- View Policies Current Attempt in Progress Presented below is selected information for Culver Company for the month of March 2022. Cost of goods sold $208,600 Rent expense $34,210 Freight-out 6,060 Sales discounts 7,500 Insurance expense 5,440 Sales returns and allowances 13,000 Salaries and wages expense 56,370 Sales revenue 393,000 (a) Prepare a multiple-step income statement. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) CULVER COMPANY Income Statement 4A Week 5 - Homework: Chapter 5 5 of 5 - 17 $