Based on the information that follows:

Sales	$86,300
Sales Returns and Allowances	2,330
Sales Discounts	1,726

Required:

Prepare the revenue section of a multiple-step income statement.

Prepare the revenue section of a multiple-step income statement.

Income Statement Instructions

Income Statement

For Year Ended December 31, 20--

1	Revenue from sales:
2
3
4
5	Net sales