6 HW Chapter 5-Part 1 Question 3 of 4

HW Chapter 5-part 1 Question 3 of 4 Your answer is partially correct. 1.03/2 The following information is available for Kingbird Corp. for the year ended December 31, 2022. Other revenues and gains Other expenses and losses Cost of goods sold Sales discounts Sales revenue Operating expenses Sales returns and allowances $ 24,200 4,400 295,000 5.200 762,000 224,000 11,200 Prepare a multiple-step income statement for Kingbird Corp. The company has a tax rate of 25%.