CES Question 1 Presented below is information for Blossom Co. for the month of January 2022. Cost of goods sold Freight-out Insurance expense Salaries and wages expense $215,600 Rent expense 8,100 Sales discounts 13,700 Sales returns and allowances 62,100 Sales revenue 500 Other comprehensive income (net of $400 $32,600 8,900 17,600 398,500 2.000 dy Income tax expense tax) Prepare an income statement using the multiple-step format. BLOSSOM CO. Income Statement