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Alternates ar 440 and 451 From the following data prepare a multiplestep income statement for the Curran Company for the fiscal year ended May 31

Alternates ar 440 and 451 From the following data prepare a multiplestep income statement for the Curran Company for the fiscal year ended May 31 20X0 in thousands except for percentage Sales 1800 Cost of goods sold 1000 Interest expense 138 Depreciation expense 60 Utilities expense 110 Rent revenue 20 Interest revenue 28 Wage expense 400 Income tax rate 40

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