9 Wayman Corporation reports the following amounts in its December 31, 2024, income statement. 6.64 points eBook Sales revenue Interest expense Salaries expense $446,000 Income tax expense 28,000 48,000 Cost of goods sold Advertising expense 58,000 Utilities expense Required: Prepare a multiple-step income statement. WAYMAN CORPORATION Multiple-Step Income Statement For the Year Ended December 31, 2024 Sales revenue 446,000 References Cost of goods sold 138,000 Gross profit Salaries expense Utilities expense Advertising expense 48,000 58,000 38,000 Total operating expenses Operating income Interest expense 144,000 164,000 28,000 Loss before income taxes: 58,000 Income tax expense. $ 78,000 Net income $58,000 138,000 38,000