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Brief Exercise 5-06 Pharoah Company provides this information for the month ended October 31, 2022: sales on credit $305,800; cash sales $156,000; sales discounts $5,160;

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Brief Exercise 5-06 Pharoah Company provides this information for the month ended October 31, 2022: sales on credit $305,800; cash sales $156,000; sales discounts $5,160; and sales returns and allowances $23,490. Prepare the sales section of the multiple-step income statement based on this information. Pharoah Company Income Statement (Partial)

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